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June 26, 2024 by reuters.com
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Haleon will sell its nicotine replacement therapy business outside the U.S. to a unit of India's Dr. Reddy's for 500 million pounds ($632.55 million), the British consumer healthcare company said on Wednesday.The divestment is expected to dilute Haleon's 2024 net revenue and adjusted operating profit by about 0.5% and about 1%, respectively. The company kept the rest of the forecast unchanged.The business, which includes the Nicotinell brand of nicotine gum, lozenges and patches, generated revenue of 217 million pounds last year.
June 26, 2024 by ft.com
Haleon to sell non-US nicotine replacement business for £500mn
Haleon has agreed to sell its nicotine replacement therapy business outside the US for £500mn, the …
June 26, 2024 by standard.co.uk
Haleon sells nicotine replacement therapy business outside of US for £500m
Sensodyne and Panadol maker Haleon has agreed to sell its nicotine replacement brands outside of th…