GSK raises £978m through Haleon share sale
Sharecast
Published Jan 17, 2024 08:13
Updated Jan 17, 2024 08:42
GSK raises £978m through Haleon share sale
Sharecast - The pharma giant sold 300m ordinary shares in Haleon (LON:HLN) in a placing at 326p each.
GSK (LON:GSK) will now hold around 385m ordinary shares in Haleon, which represents a stake of about 4.2%.
GSK and Pfizer (NYSE:PFE) - which has a 32% interest in Haleon - have both agreed not to sell any further shares in Haleon for 60 days.
Haleon was spun out from GlaxoSmithKline in 2019 and created through the merger of GSK and Pfizer’s consumer healthcare business.
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