GSK seeks mid-Sept bids for $4b Horlicks unit in India

GSK seeks mid-Sept bids for $4b Horlicks unit in India

A GlaxoSmithKline logo is seen outside one of its buildings in west London, February 6, 2008. REUTERS/Toby Melville/File Photo

GlaxoSmithKline is seeking initial bids by mid-September for its India-focused Horlicks health nutrition business, which is expected to fetch more than $4 billion, two people familiar with the situation said on Tuesday.

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