When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
GLAXF - GlaxoSmithKline's Demerger Plan Has Failed To Excite Investors
GlaxoSmithKline Plc
GSK’s plan to spin off its consumer healthcare division has not led to a substantial revaluation of the group.
It is planning to spin off at least 80% of its stake in the consumer business by mid-2022, with a view to selling the remaining interest at a later date.
Dividends will be cut by 31% in 2022, as the company seeks to repair its balance sheet and prioritize R&D spending.