But Walmsley believes GSK is changing. Last year it completed its biggest restructuring for 20 years, spinning off its consumer health division, which sells over-the-counter medicines, as Haleon. It is using a £7bn dividend from the split to make acquisitions to fill its pipeline, including...
other payments to our holding company." From 2021 to 2023, certain of our mainland China subsidiaries have declared and distributed profits earned to Baidu (Hong Kong) Limited for an aggregate amount of RMB23.1 billion (US$3.2 billion); the dividend payments are subject to withholding tax....