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Evening Standard

Business

Simon English

City relief as GSK’s Haleon gets £31 billion float away

Haleon GSK City Sensodyne Unilever

THERE was relief in the City today as the hottest stock market float of the year got off to a decent start amid a near drought in listings that has led to fears of a jobs cull in the Square Mile.

Haleon, a spin off from GSK, opened today at 330p which valued the company behind Sensodyne, Panadol and Chapstick at £31 billion. It soon rose 3p to 333p, in line with a wider rise in the FTSE 100.

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