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Article: Glaxo still in the hunt for merger partner.(News)
- Article from:
- The Birmingham Post (England)
- Article date:
- March 30, 1999
- Author:
CopyrightCOPYRIGHT 1999 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Drug group Glaxo Wellcome remains firmly back on the prowl for a merger partner.
A series of names are being mentioned following the revelation that Glaxo has been talking with Bristol-Myers Squibb of the US, a deal which would have created a massive pounds 140 billion merger.
Switzerland's Roche and former Glaxo target SmithKline Beecham were rumoured to be in its sights.
Glaxo and Bristol-Myers have so ...