Unilever says GSK consumer arm 'strong strategic fit' for business

Dove soap maker Unilever on Monday defended its approach for the consumer healthcare arm of GSK, saying the business was a "strong strategic fit" in line with its plan to expand in the health, beauty, and hygiene categories.

The update from Unilever comes after GSK confirmed over the weekend that it had rejected a 50-billion-pound offer ($68.4 billion) from Unilever for its consumer healthcare business. ($1 = 0.7312 pounds)

Also Read: BRIEF-Unilever Has Held Talks With Banks About Additional Financing For Potential Sweetened Offer For GSK's Consumer Products Division - Bloomberg News

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)