City Of London

Billionaire Peltz Nabs Unilever Board Seat: The London Rush

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Here’s the key business news from London-listed companies this morning.

GSK Plc: The pharma giant agreed to buy Affinivax Inc, a company developing next-generation experimental vaccines in Boston, Massachusetts, for $2.1 billion upfront and as much as $1.2 billion more in possible milestones.