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Bank of America, BNP Set to Win Lead Roles on Sanofi's $20 Billion Consumer Healthcare Spin Off, Bloomberg Reports
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Bank of America, BNP Set to Win Lead Roles on Sanofi's $20 Billion Consumer Healthcare Spin Off, Bloomberg Reports
May 6, 2024 8:05 AM

10:59 AM EDT, 05/06/2024 (MT Newswires) -- Bank of America ( BAC ) and BNP Paribas are poised to win leading roles arranging Sanofi's ( SNY ) separation of its consumer-health business, Bloomberg reported Monday, citing people familiar with the matter.

The unit could be valued at about $20 billion in any deal, Bloomberg reported, citing people familiar with the matter.

Price: 37.55, Change: +0.30, Percent Change: +0.79

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