UPDATE 1-Unilever offered 50 bln pounds for GSK unit - report squib

Consumer goods giant Unilever made a bid towards the end of last year for pharmaceutical group Glaxosmithkline's consumer goods business worth roughly 50 billion pounds ($68.4 billion), Britain's Sunday Times reported. The approach by Unilever, which owns brands such as Dove soap and Marmite, for Glaxo’s portfolio of household brands including Panadol painkillers and Sensodyne toothpaste was understood to have been unsolicited, it added. Unilever's bid did not include any takeover premium or recognition of synergies, the newspaper said.
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