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Freshfields advises Novartis on US$13bn sale of stake in consumer health JV to partner GlaxoSmithKline plc

Freshfields Bruckhaus Deringer (‘Freshfields’) has advised Novartis AG on the sale of its 36.5% stake in its consumer health joint venture with GlaxoSmithKline plc for US$13bn. Details of the transaction can be found here
The Freshfields team was led by Julian Long and Jennifer Bethlehem with tax partner Paul Davison and antitrust partner Rod Carlton.


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About Freshfields Bruckhaus Deringer

Freshfields Bruckhaus Deringer LLP is a global law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on ground-breaking and business-critical mandates. Our 2,800 plus lawyers deliver results worldwide through our own offices and alongside leading local firms.  Our commitment, local and multi-national expertise and business know-how means our clients rely on us when it matters most.