Sanofi in talks to sell 50% stake in consumer health business to CD&R

(Reuters) – Sanofi (NASDAQ:SNY) has entered into discussions with U.S. private equity firm Clayton Dubilier & Rice to sell a controlling 50% stake in its consumer health business Opella, the French pharmaceutical giant said on Friday.

The announcement confirms an earlier Reuters report about the sale estimated at 15 billion euros ($16.41 billion).

Sanofi did not disclose any financial details of the potential deal and said further updates will be provided in due course.

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