Sanofi Engages In Discussions To Sell 50% Controlling Stake In Opella To CD&R
Portfolio Pulse from Benzinga Newsdesk
Sanofi is in talks to sell a 50% controlling stake in Opella to CD&R. Opella, a major player in the OTC and vitamins market, operates globally with a strong brand portfolio.
October 11, 2024 | 7:02 am
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Sanofi is negotiating to sell a 50% controlling stake in Opella to CD&R. This move could impact Sanofi's financials and strategic focus.
The sale of a 50% stake in Opella could provide Sanofi with significant capital, potentially improving its financial position. This strategic move may also allow Sanofi to focus on other core areas, which could be viewed positively by investors.
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