Pfizer will sell part of their stake in Haleon for more than $2 billion

Pfizer will offload 630m shares in Sensodyne toothpaste maker. US drugmaker will reduce its stake from 32% down to 24%. Pfizer offloads £2bn stake in Glaxo spin-off Haleon to reduce its holding in the company.

Pfizer to sell partial stake in Haleon for more than £2bn. Pharmaceutical group plans to lower its stake in the company from 32% to 24%. Haleon also makes Panadol painkillers and Nicorette gum, among other products made by Pfizer.