GlaxoSmithKline shares rise 2.4% on positive results for late-stage HIV trials

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Food giants to bid for GSK’s Horlicks: Reuters

–Nestle, Kraft Heinz and Unilever are expected to put in bids for GlaxoSmithKline’s Horlicks brand, Reuters reports, citing unnamed sources. –GSK said Tuesday, while announcing it was buying a stake in a consumer health-care joint venture from Novartis, that it would begin a strategic review of Horlicks and other consumer-nutrition products, most of which are in India, according to Reuters.

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