GlaxoSmithKline (GSK - Get Report) is considering buying out partner Novartis' (NVS - Get Report) stake in its consumer healthcare joint venture in a deal that could be worth about $10 billion as Glaxo looks to expand its consumer healthcare business, the Sunday Times reported.
Novartis and GlaxoSmithKline created a joint consumer healthcare business in 2014 as part of a larger asset swap. Glaxo shares were down 0.3% premarket Monday while Novartis shares were down 0.16%.
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