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

  • The French government is to take a stake in Sanofi's consumer healthcare division to quell backlash over the sale to US firm CD&R.
  • Sanofi is spinning off Opella, which produces popular brands such as Doliprane and Dulcolax.
  • France's state-owned investment bank, Bpifrance, will take a 2% stake in Opella if the deal goes through.
  • The move aims to ensure French jobs and maintain control over Opella's operations.

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