Pfizer sells £3B of shares in Haleon (NYSE:PFE)

Pfizer (NYSE:PFE) has sold over £3 billion ($3.8 billion) of shares in Haleon (NYSE:HLN), thereby reducing its interest in the consumer health firm from 32% to approximately 22.6%.

The U.S. drugmaker sold around 790.55M Haleon (HLN) ordinary shares, of which 594M are ordinary shares sold at a price to the public of £3.08 each. The remaining 196.55M are ordinary shares in the form of American Depositary Shares (ADS), sold at $7.85 per ADS.

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