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Massive pharma deal on the table
Posted 16 October 2024 PM
Sanofi is closer to getting out of the consumer healthcare business, announcing it has entered into negotiations with US-based private equity firm CD&R.
The firm beat out rivals in bidding for the consumer healthcare business, renamed Opella earlier this year, which operates as a standalone company within Sanofi. The deal values Opella at $25.2 billion (15.5 billion euros), according to the Financial Times.
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Posted 16 October 2024 PM
Sanofi is closer to getting out of the consumer healthcare business, announcing it has entered into negotiations with US-based private equity firm CD&R.
The firm beat out rivals in bidding for the consumer healthcare business, renamed Opella earlier this year, which operates as a standalone company within Sanofi. The deal values Opella at $25.2 billion (15.5 billion euros), according to the Financial Times.
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