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GSK GSK plc

44.46
-0.13 (-0.29%)
21 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
GSK plc NYSE:GSK NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.13 -0.29% 44.46 44.72 44.46 44.49 3,475,004 22:52:06

GSK Sells Haleon Shares Valued Around $1.24 Billion Through Discounted Placing

17/01/2024 7:44am

Dow Jones News


GSK (NYSE:GSK)
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From Nov 2023 to May 2024

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By Michael Susin

 

GSK said it has sold a stake in Haleon valued around 978 million pounds ($1.24 billion), reducing its stake in the consumer-healthcare business to around 4.2%.

The British pharmaceutical giant said Wednesday that it has sold 300 million Haleon shares at an offer price of 326 pence a share. This represents a discount of 2.3% from Tuesday's closing price of 333.6 pence prior to the announcement.

U.S. pharma giant Pfizer also holds a 32% stake in Haleon, which was spun out of GSK and Pfizer's consumer-healthcare business.

 

Write to Michael Susin at michael.susin@wsj.com

 

(END) Dow Jones Newswires

January 17, 2024 02:29 ET (07:29 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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