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The sale will bring down GSK's current 10.3% holding in the Sensodyne maker, which was spun out and listed on the London Stock Exchange in July 2022. GSK earlier this year sold 240 million shares ...
GSK sold around 385 million shares at 324 pence apiece, amounting to a 4.2% stake in Haleon. The company was formed in a merger of GSK and Pfizer's consumer healthcare businesses in 2019. The sale ...
The latest offload will mark the fourth set of disposal GSK has had in the Sensodyne toothpaste maker in a year. GSK, which initially retained a near 13% stake in Haleon, had over the course of a ...
Haleon has been focused on cutting debt by selling brands such as Lamisil and Chapstick and keeping a lid on costs. After being spun-off from drugmaker GSK in 2022, it cut debt by over 2 billion ...
Shares in Haleon, which was created by the merger of GSK and Pfizer's consumer healthcare businesses in 2019 and spun off from the British drugmaker in 2022, fell 1.2% to 388 pence in morning ...
Haleon was established on 18 July 2022 as a corporate spin-off from GSK. [6] Sir Dave Lewis is chairman, with Brian McNamara as CEO. [7] Haleon is listed on the London Stock Exchange and is a component of the FTSE 100, with a secondary listing on the New York Stock Exchange. Annual sales amounted to around £10 billion across 120 markets in ...
The divestment is expected to dilute Haleon's 2024 net revenue and adjusted operating profit by about 0.5% and about 1%, respectively. The business, which includes the Nicotinell brand of nicotine ...
The sale of 630 million shares would be worth about 2.03 billion pounds ($2.58 billion), according to Haleon's Friday closing price. Pfizer to cut stake in Sensodyne toothpaste-maker Haleon to 24% ...