NEW YORKBRITISH drugmaker GlaxoSmithKline PLC is reportedly nearing a deal to purchase privately held US skincare products maker Stiefel Laboratories Inc for about US$3 billion (S$4.5 billion).
The Wall Street Journal, citing unnamed people familiar with the matter, said on Sunday that the deal could be announced on Monday, but is not etched in stone.
Shanghai Auto Show a showdown for automakers zeroing in on world's only major growth market
SHANGHAI — International automakers are converging on China's commercial capital for a show that, once marginal, is now a key showcase — and battleground — for the world's only major growing car market.
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