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Pfizer To Reduce Stake In Haleon To 24% Through Share Sale

Law 360 M&A

Haleon PLC said Monday that U.S. will reduce its stake in the British consumer healthcare company to 24%. pharmaceutical titan Pfizer Inc.

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This Analyst Says GSK Spin-Off Haleon Offers "Best Of Both Consumer Worlds"

Benzinga

Citi group has initiated coverage on GSK plc's (NYSE: GSK ) consumer healthcare spin-off Haleon Plc (NYSE: HLN ) with a Buy rating and a price target of 360p.

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GSK Completes Spin Off Of Its Consumer Healthcare Business

Benzinga

GSK plc (NYSE: GSK ) has completed the demerger of the Consumer Healthcare business to form the Haleon Group. Reuters reported that shares in Haleon started trading at 330 pence on Monday morning, giving the business a market valuation of around £30.5 billion ($36.4

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Healthcare Co. Haleon To Sell ChapStick Lip Balm For $510M

Law 360 M&A

Haleon PLC said on Thursday it had agreed to sell its ChapStick lip balm brand to Suave, a U.S. maker of hair and body washes, for $510 million, as the British health company looks at streamlining its operations and reducing debt.

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GSK Confirms Consumer Healthcare Unit Spin-off: What Investors Should Know

Benzinga

Close on the heels of an M&A deal , GlaxoSmithKline plc (NYSE: GSK ) confirmed the spin-off of the consumer healthcare business it jointly owns with U.S. What Happened: GSK said it is spinning off its consumer healthcare business into an independently-traded public company, named Haleon, a regulatory filing on Wednesday showed.

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7 Firms Guide GSK Spin-Off Haleon In London Listing

Law 360 M&A

Haleon PLC debuted Monday as a standalone company worth £30.5 drugmaker GlaxoSmithKline PLC. billion ($36.4 billion) on the London Stock Exchange after completing its de-merger from the U.K.

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