Pfizer to Pare Back Haleon Stake With 540 Million Share Offering [Yahoo! Finance]
Haleon plc American Depositary Shares (Each representing two Ordinary Shares) (HLN)
Company Research
Source: Yahoo! Finance
Most Read from Bloomberg The US drug company said it will sell the stock in a statement Monday. Following the sale, its stake in the maker of Sensodyne toothpaste will reduce to 16.2% from 22.6%. The stake would be worth about £2.1 billion ($2.8 billion) based on Monday's closing price, according to Bloomberg calculations. Haleon also said it will buyback £230 million ($308 million) of shares. Haleon was formed from a combination of GSK Plc and Pfizer's consumer-health units. The company makes a wide range of products, including Panadol pain relief tablets. In March, Pfizer sold more than £2.8 billion of shares in Haleon, its first step in selling down its stake. Most Read from Bloomberg Businessweek ©2024 Bloomberg L.P. Recommended Stories
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News
- Global Antacids Market to Cross ~USD 9 Billion Mark by 2030 | DelveInsight [Yahoo! Finance]Yahoo! Finance
- Haleon Partners with WPP to Launch 'HealthNxt' initiative to Transform Health Conversations in India [Yahoo! Finance]Yahoo! Finance
- Policy Makers At COP29 Urged To Act On ‘Super Pollutant' Gases [Forbes]Forbes
- Flavored Powder Drinks Business Research Report 2024: Global Market to Reach $88 Billion by 2030 - Growing Interest in Immunity-Boosting Beverages Creates New Opportunities [Yahoo! Finance]Yahoo! Finance
- Haleon plc Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions [Yahoo! Finance]Yahoo! Finance
HLN
Sec Filings
- 11/21/24 - Form 6-K
- 11/15/24 - Form 6-K
- 11/14/24 - Form 6-K
- HLN's page on the SEC website