Unilever’s offer represents only a modest premium to its current value, according to some leading analysts
Unilever’s rebuffed £50bn takeover offer for GSK’s consumer healthcare venture, which owns the Panadol and Nicorette brands, represents only a modest premium to its current value, according to some leading analysts, suggesting the drugmaker is right to hold out for a higher offer.
GSK said on Saturday that it had rejected three bids from Unilever, the consumer goods giant behind brands including Marmite and Lipton tea. The latest offer, made on 20 December, comprised £41.7bn in cash and £8.3bn in Unilever shares.
