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TMI BlogCCI approves acquisition by GlaxoSmithKline Consumer Healthcare Overseas Limited and GlaxoSmithKline Consumer Healthcare UK Trading Limited of shareholding in GlaxoSmithKline Asia Private LimitedX X X X Extracts X X X X X X X X Extracts X X X X ..... CCI approves acquisition by GlaxoSmithKline Consumer Healthcare Overseas Limited and GlaxoSmithKline Consumer Healthcare UK Trading Limited of shareholding in GlaxoSmithKline Asia Private Limited - News and Press Release Dated:- 24-1-2022 - News - The Competition Commission of India (CCI) approves acquisition by GlaxoSmithKline Consumer Healthcare Overseas Limited and GlaxoSmithKline Consumer He ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... althcare UK Trading Limited (Acquirers) of shareholding in GlaxoSmithKline Asia Private Limited (Target) under Section 31(1) of the Competition Act, 2002 . The Proposed Combination involves collective acquisition of 100% shares of the Target by the Acquirers. Further, prior to the proposed combination, GSKAPL will acquire the trademarks pertaining to Iodex and Ostocalcium brands in India ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... alongwith the legal, economic, commercial and marketing rights of such brands and other associated assets (GSK Consumer Brands) from GlaxoSmithKline Pharmaceuticals Limited. GlaxoSmithKline Consumer Healthcare Overseas Limited is a wholly-owned subsidiary of GlaxoSmithKline Consumer Healthcare Holdings (No.2) Limited ( GSK CH HoldCo ). It is a part of the overall GlaxoSmithkline (GSK) grou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... p and its principal activity is to act as an investment holding company for GSK CH HoldCo and its subsidiaries. GlaxoSmithKline Consumer Healthcare UK Trading Limited is a part of the overall GSK group and is a wholly-owned subsidiary of GSK CH HoldCo. It is engaged in the distribution and sale of consumer healthcare products, manufacturing, marketing, providing management services to the con ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sumer healthcare group and providing research and development services to other consumer healthcare companies within the GSK group. GSKAPL is a consumer healthcare company that is engaged in the marketing and distribution of oral healthcare products under various brand names such as Sensodyne, Parodontax, Polident and over-the-counter medicines products under the brand names such as Crocin, ENO ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . Detailed order of the CCI will follow. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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