Sanofi Is Said to Ask Banks to Pitch for $20 Billion OTC Spinoff [Yahoo! Finance]
Sanofi - American Depositary Shares (SNY)
US:NYSE Investor Relations:
sanofi.com/en/investors
Company Research
Source: Yahoo! Finance
familiar with the matter, one of the biggest deals likely to happen in Europe this year. Most Read from Bloomberg Ray Dalio's Famous Trade Is Sputtering, Investors Bailing Tesla Stock in ‘No Man's Land' After 43% Rout Ahead of Earnings Apple's China iPhone Sales Dive 19% in Worst Quarter Since 2020 Zimbabwe's ZiG Wipes Out 330% Stocks Rally Billionaire Pinaults Fight to Pull Gucci Off the Discount Rack Banks recently submitted their responses to the request for proposals, the people said, asking not to be identified because the information is private. Sanofi could pick advisers in the coming weeks, the people said. The Sanofi unit sells over-the-counter remedies including Gold Bond skin lotions, Phytoxil cough syrups and Icy Hot pain relief gels. Sanofi is considering both a spinoff as well as an outright sale of the operation, and no decision has been made yet, the people said. A representative for Sanofi declined to comment on the request for proposals. “As annou
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SNY
Analyst Actions
- 2/12/24 - TheStreet
SNY
Sec Filings
- 5/2/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/4/24 - Form F-3ASR
- SNY's page on the SEC website