Pfizer Sells Haleon Shares for $3.2 Billion, Reducing Stake

Reported 3 months ago

Pfizer Inc. has raised approximately $3.2 billion by selling shares of Haleon Plc, thereby reducing its stake in the UK consumer health company. The transaction involved selling 640 million shares at a 3.3% discount, bringing Pfizer's ownership down to 15%. This sale follows Pfizer's earlier divestment of over £2.8 billion worth of Haleon shares and aligns with ongoing trends of share sales among European companies.

Source: YAHOO

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