GlaxoSmithKline to sell soft drink brands Lucozade and Ribena
date:Apr 25, 2013
The plan was announced on Wednesday alongside first-quarter results that saw sales at Britain's biggest drugmaker drop a slightly smaller-than-expected 3 percent from a year ago.

GSK launched a strategic review of the two drink brands earlier this year, ruling nothing in or out for their future. Most analysts had focused on the idea of a sale, which is likely to attract interest from private equity and trade buyers.

Chief Executive Andrew Witty told reporters there had been significant interes
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