Sanofi to sell CD&R 50% controlling stake in Opella
French pharma major Sanofi (Euronext: SAN) has opened negotiations to sell a 50% controlling stake in its consumer health business Opella to US private equity firm Clayton Dubilier & Rice (CD&R).
According to Sanofi, this move paves the way for the creation of a new, standalone leader in consumer healthcare, while supporting the Paris-based firm’s strategy and increased focus on innovative medicines and vaccines.
Sanofi would remain a significant shareholder backing Opella in its future growth and path to independence.
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