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International Business Times
International Business Times
Business
AFP News

Sanofi Pursues Sale Of Painkiller After Political Controversy

Sanofi CDR France United States
Doliprane is France's most widely used medicine to ease mild to moderate pain and fever (Credit: AFP)

Sanofi confirmed on Monday plans to sell a controlling stake in its over-the-counter unit to a US investment fund, after employment and investment guarantees relieved political controversy.

The sale of a controlling 50-percent stake in Opella to CD&R values the maker of France's leading painkiller, Doliprane, at 16 billion euros ($17.4 billion), Sanofi said.

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