GSK plc (NYSE:GSK) confirmed the sale of 385.3 million shares in Haleon plc (NYSE:HLN) for $1.58 billion. The shares represented around 4.2% of the issued share capital of Haleon.

1 in 3 adults globally suffer from gum disease 1; an infection caused by bacteria build-up. The consequences can be severe; the patient develops gingivitis, advanced gum recession called periodontitis ...

GSK said the proposals "fundamentally failed" to reflect the value of the division. With a successful bid, Unilever - which owns Marmite, Dove and PG Tips - would add Sensodyne toothpaste and ...

Other brands involved in the deal include Aquafresh toothpaste and Chapstick lip balm. The deal still needs approval by shareholders and regulators. Shares in GSK rose 7% on the news. GSK's ...