Haleon PLC Disposal of the ChapStick brand completed
31 Maggio 2024 - 5:47PM
RNS Regulatory News
RNS Number : 7205Q
Haleon PLC
31 May 2024
Haleon plc:
disposal of the
ChapStick brand completed
31
May 2024: Haleon plc ("Haleon") has
today announced that it has completed the
disposal of the ChapStick brand to Suave Brands Company, a
portfolio company of Yellow Wood Partners.
On 25 January 2024, Haleon announced
that it had reached a binding agreement for the sale of the
ChapStick brand to Suave Brands Company for pre-tax cash proceeds
of approximately $430 million, as well as a passive minority
interest in Suave Brands Company.
About Haleon
Haleon (LSE / NYSE: HLN) is a global
leader in consumer health, with a purpose to deliver better
everyday health with humanity. Haleon's product portfolio spans
five major categories - Oral Health, Pain Relief, Respiratory
Health, Digestive Health and Other, and Vitamins, Minerals and
Supplements (VMS). Its long-standing brands - such as Advil,
Sensodyne, Panadol, Voltaren, Theraflu, Otrivin, Polident,
parodontax and Centrum - are built on trusted science, innovation
and deep human understanding.
For more information, please
visit www.haleon.com.
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