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Health

Debt-laden Haleon kisses goodbye to ChapStick

Haleon sold ChapStick for more than $500m as it sought to reduce its debts while also boosting its stock price. The FTSE-100 company has agreed that it will sell its lip balms to Suave Brands for approximately $430 million cash plus a…

GSK sells Haleon stake worth £1bn

GSK sold a Haleon stake worth approximately £1 billion on Tuesday evening as part of its plans to divest itself from the FTSE 100 consumer health care company. The British pharmaceuticals group Haleon has sold another 300 million shares,…