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Glaxo eyes AHP bid again

Published: 2001-04-26 06:56:00
Updated: 2001-04-26 06:56:00
British drug maker aims to enter £50 bln merger talks

British drugs giant GlaxoSmithKline [UK:GSK] [US:GSK] is again targeting a takeover of American Home Products [US:AHP] worth £50 billion ($220 billion), The Observer newspaper reported on Sunday.

GSK, as the newly merged company calls itself, is considering fresh talks about a merger with its U.S. rival to create the world's biggest...

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