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Pfizer (PFE) to Decrease Stake in Haleon From 32% to 24% - March 19, 2024 - Zacks

Retrieved on: 2024-03-19 14:34:13

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Pfizer (PFE) to Decrease Stake in Haleon From 32% to 24% - March 19, 2024 - Zacks. View article details on HISWAI: https://www.zacks.com/stock/news/2242901/pfizer-pfe-to-decrease-stake-in-haleon-from-32-to-24

Summary

Pfizer, a player in the MedTech and pharmaceutical industry, is selling a substantial share of Haleon, a joint venture with GSK, to bolster its balance sheet amidst declining revenue from COVID-19 products. Haleon is based in Weybridge, Surrey, and the sale includes American and other international brands.

Article found on: www.zacks.com

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