Hints and tips:
...Glaxo first bought Wellcome in 1995 and then SmithKline Beecham in 2000, becoming GSK. Glencore acquired Xstrata in 2013....
...It was under his successor, Sir Richard Sykes, that Glaxo undertook two major transactions — acquiring Wellcome in 1995 and merging with SmithKline Beecham in 2000 — which radically altered the portfolio...
...SmithKline Beecham (now part of GSK) pulled its successful Lyme disease vaccine in the early 2000s amid rising anti-vaccine sentiment....
...He pointed to the merger, almost 20 years ago, of Glaxo Wellcome with SmithKline Beecham, creating global behemoth GSK, which demonstrated that “the process was not as easily ‘industrialisable’ as people...
...Nor have Glaxo and SmithKline Beecham. Telecoms groups have long claimed they need mergers to compete — most recently in the US and Europe....
...Beecham....
...Beecham to create GSK....
...A veteran of the pharmaceuticals industry, he experienced a big merger while working for SmithKline Beecham when it combined with Glaxo Wellcome in 2000....
...I was an investor in Glaxo Wellcome and SmithKline Beecham through most of the 1990s, before their merger into one entity....
...That was what happened in the last big round of consolidation, around the turn of the millennium, through Glaxo Wellcome’s merger with SmithKline Beecham and Pfizer’s with Warner-Lambert and Wyeth....
...He notes that Allergan was spun out of SmithKline in 1989 when it merged with Beecham....
...Glaxo began a programme of consolidation of the UK drug industry in the mid-nineties by first merging with Wellcome and, subsequently, with SmithKline Beecham....
...A Pfizer-AstraZeneca deal would rival the $74bn merger between GlaxoWellcome and SmithKline Beecham in 2000 as the biggest in industry history, and outstrip Pfizer’s own record $68bn acquisition of Wyeth...
...Every Kenyan – it doesn’t matter where they are – their dreams and aspirations are resident in Nairobi,” says the pro-business Mr Kidero, once a managing director with SmithKline Beecham....
...An MBA at Cranfield followed, and he landed a marketing job at SmithKline Beecham as assistant product manager of Instant Horlicks, a powdered drink....
...When Richard Sharp started Evorio, his IT services business, in 2008, he thought his biggest opportunity was the high-margin service of installing customer relationship management systems in large corporations...
...As Glaxo Wellcome chief, he oversaw its merger with SmithKline Beecham in 2000, and stepped down in 2002 at the age of 60....
...He was also finance director at BG Group and chief financial officer at SmithKline Beecham, which merged with Glaxo Wellcome in 2000 to createGlaxoSmithKline....
...In addition, several sovereign wealth funds have big holdings – including Kuwait Investment Office, Government of Singapore Investment Corporation and Norges Bank....
...In 1999, the ranking was BP, BT, Vodafone, HSBC and GlaxoSmithKline (Glaxo Wellcome only formally merged with SmithKline Beecham in 2000)....
...As the Glaxo Wellcome merger with SmithKline Beecham and the acquisition of NatWest by the Royal Bank of Scotland demonstrated, these effects really do exist in the real world....
...In 1999, Smithkline Beecham held a 29 per cent stake in the group. Quest’s laboratories provide test for cancers, cardiovascular diseases, thyroid disorders, and infectious diseases....
...GSK, formed by a merger between Glaxo Wellcome and SmithKline Beecham in 2000, knows size alone is no cure-all....
...Mr Kendall notes that the decision to sell a stake in a business to a large corporation is only the start of the process....
...He joined SmithKline Beecham in 1992, looking after the Lucozade brand, before moving to McKinsey in 1996, as a retail expert....
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