GSK plans initial bids for its Indian Horlicks arm by mid-September

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Source: Dukascopy Bank SA
GlaxoSmithKline is planning initial bids for its Indian health nutrition business Horlicks by mid-September that could be valued at $4.0B, sources familiar with the matter reported on Tuesday.
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Tue, 21 Aug 2018 19:27:46 GMT

Italy's CDP likely to acquire stake in Autostrade

Cassa Depositi e Prestiti, Italy's state lender, considers buying a majority stake in Autostrade per l'Italia amid the bridge collapse in Genoa last week, according to Reuters.

Tue, 21 Aug 2018 18:28:48 GMT

Serta Simmons and Tuft & Needle sign merger deal

The producer of mattresses Serta Simmons Bedding signed a merger deal with Tuft & Needle, as both firms seek to take on tough competition from cheaper China products in the American market.

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