Reuters reports GSK has been made an offer to sell its bottling and distribution drinks businesses. The offer to divest came from Suntory Beverage & Food Ltd.
If transaction is agreed and approved, GSK Nigeria would only now own its wellness, oral healthcare business nutrition and pharmaceutical businesses.
GSK Nigeria’s bottling franchise includes Ribena and Lucozade Boost and are popular brands in Nigeria.
More to follow…
The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent professional financial adviser for any investment decision.