GSK Pte along with Horlicks and GSK plc in their capacity as persons acting in concert has submitted to BSE the Open Offer to the Shareholders of the GlaxoSmithkline Consumer Healthcare.
HSBC Securities and Capital Markets (India) Pvt Ltd ("Manager to the Open Offer") for and on behalf of GlaxoSmithKline Pte Ltd ("GSK Pte" or the "Acquirer") along with Horlicks Ltd ("Horlicks") and GlaxoSmithKline plc ("GSK plc") in their capacity as persons acting in concert (each entity individually referred to as "PAC" and together referred to as "PACs") has submitted to BSE the Open Offer to the Shareholders of the GlaxoSmithkline Consumer Healthcare Ltd ("Target Company"), under regulation 18(7) of the Securities and Exchange Board of India (Substantial Acquisition of shares and takeovers) Regulation , 2011.Source : BSE
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