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Unilever is unlikely to acquire GlaxoSmithKline’s consumer unit, UBS says

Jan. 20, 2022 12:20 PM ETGSK plc (GSK) Stock, UL StockPFEBy: Dulan Lokuwithana, SA News Editor11 Comments

Unilever company office in HafenCity Area of Hamburg

JJFarquitectos/iStock Editorial via Getty Images

  • After reaching a 52-week low on its failed bid to acquire the consumer unit of GlaxoSmithKline (GSK -1.1%), Unilever (UL -0.2%) ADRs rebounded Wednesday as the company ruled out raising the bid any further.
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