'Sanofi Set to Sign Consumer Health Deal With CD&R This Weekend' - Bloomberg
Portfolio Pulse from Benzinga Newsdesk
Sanofi is reportedly set to sign a deal with Clayton, Dubilier & Rice (CD&R) for its consumer health unit this weekend. This move is part of Sanofi's strategy to focus on its core pharmaceutical business.
October 18, 2024 | 5:41 pm
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Sanofi is close to finalizing a deal with CD&R for its consumer health unit, which aligns with its strategy to concentrate on its core pharmaceutical operations.
The deal indicates Sanofi's strategic shift towards its core pharmaceutical business, which could positively impact its stock by streamlining operations and potentially increasing profitability.
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