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Sanofi Moves Forward with Sale of Doliprane Unit to American Fund CD&R

Despite employee protests and a competing bid, Sanofi remains committed to selling 50% of its Opella unit to CD&R, emphasizing strategic growth and maintaining French operations.

  • Sanofi is finalizing negotiations to sell 50% of its Opella unit, which includes the popular Doliprane brand, to American investment fund Clayton, Dubilier & Rice (CD&R).
  • The decision has sparked protests from employees at Sanofi's Compiègne and Lisieux sites, who are concerned about potential job losses and lack of transparency.
  • Sanofi's president for France, Audrey Duval, assured that the company will retain a 50% stake in Opella, allowing it to maintain strategic control and veto power.
  • The French government has expressed concerns over national health sovereignty and is seeking guarantees on employment and production continuity.
  • A late bid from French fund PAI was rejected by Sanofi, which is focused on its strategy to pivot towards innovation and growth.
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