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Glaxo, Colgate, Bid on Pfizer Products

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By: TOM BRANNA

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GlaxoSmithKline Plc and Colgate-Palmolive Co. are among companies expected to submit offers for Pfizer Inc’s array of consumer products in first-round bidding, according to the Wall Street Journal. Pfizer, New York, NY, hopes to gain about $14 billion for the products, representatives noted. The products include Bengay pain-reliever cream, Sudafed cold tablets and Listerine mouthwash. Pfizer acquired many of its consumer brands in 2000 from its merger with Warner-Lambert Co. Last mon...

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