The Latest Breaking News from Haleon

Consumer goods spin-off makes few waves in biggest European listing for more than a decade

Reuters GSK Completes Spin-Off Of Its Consumer Healthcare Business

London (AFP) - British drugs giant GlaxoSmithKline on Monday demerges its newly-named consumer healthcare unit Haleon, resulting in what is set to be London's largest new stock market listing in more than a decade.

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. pharma giant Pfizer, Inc.

Reuters Redbird Capital Buys Italian Football Club AC Milan

Pfizer Inc. (NYSE:PFE) intends to sell its 32% investment in Haleon, a consumer health joint venture with GSK plc (NYSE:GSK), after the business is spun out as an independent listed company in July, reported Reuters. Pfizer had previously indicated that it might seek to sell its stake in Haleon, a consumer health company and…

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Expected to be the biggest London listing in a decade, the Haleon demerger is scheduled for July

Products such as Voltaren, Sensodyne and Panadol to regroup under new stock market listing in summer