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GSK spinoff Haleon starts trading in largest European listing in a decade

43393 gsk spinoff haleon starts trading in largest european listing in a decade

Europe’s biggest listing in a decade, Haleon, started trading on the London Stock Exchange on Monday. Haleon in the consumer-health business spinoff of GSK GSK, -19.64%. The combined price of Haleon, 331.7 pence, and the remaining GSK, 1,383.40 pence, of 1715.10 pence, compares to GSK’s Friday close of 1,719.20 pence. Haleon will start trading on a when-issued basis on the New York Stock Exchange on Monday, with full trading slated for Friday.

Source: Marketwatch

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