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Private equity buyers eye offer for GlaxoSmithKline's drinks brands
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  • Publication:2013/7/2
Private equity firms Blackstone and Lion Capital are together eyeing an offer for GlaxoSmithKline's ($GSK) drinks brands Lucozade and Ribena. Up for sale as the U.K.-based drugmaker sheds lower-performing and non-core assets, the brands could fetch a bid worth more than £1 billion.