Haleon PLC (GB:HLN) has released an update.
Haleon PLC has successfully completed the sale of its ChapStick brand to Suave Brands Company, a move that involved a $430 million pre-tax cash transaction and the acquisition of a passive minority stake in Suave. This strategic divestiture aligns with Haleon’s ongoing focus on its core business areas, which include well-known consumer health products across various categories such as Oral Health and Pain Relief. The company continues to lead in the global consumer health market, leveraging its portfolio of trusted brands and commitment to innovation.
For further insights into GB:HLN stock, check out TipRanks’ Stock Analysis page.
