It was reported on Sunday that Unilever has held negotiations with banks about additional funding for a potential sweetened offer for GlaxoSmithKline's consumer products sector, citing people familiar with the situation.

a major newswire reached out to Unilever and GSK for comment, but neither company responded right away.Unilever | Gavi, the Vaccine Alliance

GSK announced the news a day after Unilever made a 50 billion pound ($68.37 billion) offer for its consumer goods division. Unilever had submitted three proposals to GSK, the most recent on December 20.

According to another large newswire, Unilever might eventually sell certain non-core businesses from the GSK portfolio to buyers such as private equity groups, which could help fund an acquisition.