--GlaxoSmithKline is planning to split off its consumer unit and the company's advisers are informally fielding interest and preparing for a listing, Bloomberg reports.

--Advent International, Blackstone Inc., Carlyle Group Inc., CVC Capital Partners, KKR & Co. and Permira are among the potential suitors, Bloomberg says.

--The unit could be valued at 40 billion pounds ($54.38 billion) or more, Bloomberg says.

Full story: https://bloom.bg/3iWdFYb

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

October 12, 2021 07:03 ET (11:03 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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