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Evening Standard

Business

Michael Hunter and Graeme Evans

FTSE 100 Live 17 May: LandSec shares fall on results, GSK in £1.25bn final Haleon stake sale

GSK Haleon

GSK and Land Securities are in the FTSE 100 spotlight after the drugs giant sold its final Haleon shares and the property firm posted results.

The sale of GSK’s remaining 4% stake raised £1.25 billion, having held 13% following its 2022 demerger of the Panadol and Sensodyne business.

Land Securities revealed a smaller full-year loss of £341 million amid “robust” rental growth across its estate.

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