France to take stake in Sanofi unit to quell backlash over sale to US firm

By The Guardian | Oct 21, 2024 at 04:59 AM EST

To address concerns over job losses and foreign control, the French government will take a stake in Sanofi's consumer healthcare division, Opella. Despite controversy, talks with CD&R continue for a €16bn deal, with France aiming to maintain influence over the company's future.

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