According to information obtained by News, Dr Reddy’s Laboratories, located in Hyderabad, may shortly be acquiring the brand and other lesser-known European items from Haleon.
According to sources, an announcement on a deal might come as soon as this week.
The potential purchase price of Dr Reddy’s Haleon assets remained undisclosed on Sunday, but it is anticipated to be in the hundreds of millions of pounds.
If it goes through, it will be the most recent acquisition for the US- and India-listed business.
The market value of Dr. Reddy’s in New York is around $11.7 billion, having been made in 1984.
