{"id":10390,"date":"2009-04-20T00:00:00","date_gmt":"2009-04-20T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"glaxo-to-buy-stiefel-labs-for-up-to-36-billion","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2009\/glaxo-to-buy-stiefel-labs-for-up-to-36-billion.html","title":{"rendered":"Glaxo to buy Stiefel Labs for up to $3.6 billion"},"content":{"rendered":"<p><span class=\"yshortcuts\">Reuters UK &#8211; GlaxoSmithKline Plc<\/span>, the world&#8217;s second-largest drugmaker, has agreed to buy privately owned U.S. skincare specialist Stiefel Laboratories Inc for up to $3.6 billion, the <span class=\"yshortcuts\">two companies<\/span> said on Monday.                 <\/p>\n<p> The acquisition is the latest in a string of deals in the drugs sector, but is significantly smaller than recent mega-mergers, reflecting the British-based group&#8217;s declared focus on bolt-on buys to diversify its business.<\/p>\n<p>&nbsp;<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/us.rd.yahoo.com\/dailynews\/rss\/business\/*http:\/\/news.yahoo.com\/s\/nm\/20090420\/bs_nm\/us_glaxo_stiefel\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters UK &#8211; GlaxoSmithKline Plc, the world&#8217;s second-largest drugmaker, has agreed to buy privately owned U.S. skincare specialist Stiefel Laboratories Inc for up to $3.6 billion, the two companies said on Monday. The acquisition is the latest in a string [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[3491,10548,10549,6952,10544,10545,10547,4326,10546],"class_list":["post-10390","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-acquisition","tag-bolt","tag-drugs","tag-glaxosmithkline","tag-glaxosmithkline-plc","tag-laboratories-inc","tag-mergers","tag-reuters","tag-skincare"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10390"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10390\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}