Ahold Delhaize shared that consumer trends around cooking and eating at home, shopping online, and healthy eating have remained and evolved, and convenience continued to grow in importance.
The review will include an assessment of various balance sheet optimization and capital return strategies, potential strategic or financial transactions, and the development of other strategic initiatives.
Haleon will focus 100% on consumer health, with a portfolio of brands including Sensodyne, Panadol, Advil, Voltaren Theraflu, Otrivin and Centrum, the company said.
The sale reportedly will lead to the dismantling of the Walgreens Boots Alliance, which was set up in 2014 when Walgreens took full control of the health and beauty chain.