Today, Haleon (LSE/NYSE: HLN) launched as an independent company 100% focused on consumer health, completing its demerger from UK pharma major GSK (LSE: GSK).
Haleon shares began trading at 330 pence, and the emergence represents the largest London listing since Glencore’s £37 billion IPO in 2011.
Trading commenced on Monday on the London Stock Exchange (LSE), with Brian McNamara, chief executive of Haleon, leading the opening ceremony to signal the start of trading. Trading on the New York Stock Exchange (NYSE) is set to follow, and a similar market-opening event will take place on Wednesday 20 July 2022.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze