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Pfizer to Exit ViiV Healthcare as GSK and Shionogi Reshape Ownership

Pfizer to Exit ViiV Healthcare as GSK and Shionogi Reshape Ownership

Pfizer Inc. (NYSE:PFE) is included among Dividend Contenders List: Top 20 Stocks. Reuters reported on January 20 that Britain’s GSK and Japan’s Shionogi said Pfizer Inc. (NYSE:PFE) will exit their HIV-focused joint venture, ViiV Healthcare. The transaction values Pfizer’s exit at about $1.9 billion and sharply increases Shionogi’s stake in the business. Under the deal, [...]

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