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home / articles / gsk cuts more stake in its spun off consumer healthc mwn benzinga


PFE - GSK Cuts More Stake In Its Spun-Off Consumer-Healthcare Business Haleon Raises Over £900M | Benzinga

Tuesday, GSK plc (NYSE:GSK) announced to sell 300 million ordinary shares in Haleon plc (NYSE:HLN) at 326 pence per share, raising gross proceeds of approximately £978 million.

Following the settlement of the Placing, GSK will hold approximately 385 million ordinary shares in Haleon, representing approximately 4.2% of the issued share capital of Haleon.

GSK and Pfizer Inc (NYSE:PFE) (which holds a 32% stake in Haleon) have each undertaken not to dispose of any further shares in Haleon for 60 days following settlement ...

Full story available on Benzinga.com

Stock Information

Company Name: Pfizer Inc.
Stock Symbol: PFE
Market: NYSE
Website: pfizer.com

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