Maxinutrition Group Holdings Ltd

All-cash buyout by GSK

Indiaretailing Bureau - December 24, 2010

Britain-based GlaxoSmithKline Plc has agreed to buy Maxinutrition Group Holdings Ltd, a UK-based manufacturer of protein-enhanced nutritional products, for $255 million in cash. Glaxo will purchase all of the shares of Maxinutrition from London-based Darwin Private Equity...

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