Sanofi Closes Sale of Controlling Stake in Opella to CD&R

MT Newswires Live

2025/05/01

Sanofi (SNY) said Wednesday it has closed the sale of a 50% controlling stake of its consumer healthcare business Opella to private equity firm CD&R for net cash proceeds of around 10 billion euros ($11.35 billion).

The healthcare company said it retains a 48.2% stake in Opella, with investment bank Bpifrance holding the remaining 1.8% stake and joining the board.

Sanofi said it is now a "pure-play biopharma" after the divestment.

The company's shares were up 1.8% in recent trading on Wednesday.

Price: 54.71, Change: +0.99, Percent Change: +1.84

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