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GlaxoSmithKline Buys Novartis Share Of Health Unit For $13 Billion

ALLISON GATLIN
Updated
GlaxoSmithKline Buys Novartis Share Of Health Unit For $13 Billion

GlaxoSmithKline will spend $13 billion to buy out Novartis' 36.5% stake in its consumer health unit in a transaction expected to close in the second quarter.

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