France's PAI Partners Ups Bid for Sanofi's Consumer Health Division As French Government Hints Possible Regulatory Block
Portfolio Pulse from Vandana Singh
Sanofi is negotiating the sale of a 50% stake in its consumer healthcare business, Opella, with CD&R, while PAI Partners has increased its bid. The French government may block the sale due to national interests. Sanofi's stock was slightly down.
October 18, 2024 | 5:30 pm
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Sanofi is negotiating the sale of a 50% stake in its consumer healthcare business, Opella, with CD&R. PAI Partners has increased its bid, but the French government may block the sale due to national interests. Sanofi's stock was slightly down.
Sanofi's potential sale of its consumer healthcare division is facing regulatory challenges from the French government, which could impact the deal's completion. This uncertainty may negatively affect Sanofi's stock in the short term.
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