Haleon to Sell ChapStick Lip Balm Brand for $430 MillionOffloading the lip balm brand aligns with Haleon’s strategy to streamline business operations and grow more agile. Kimberly-Clark Pursuing Spin-Off Of Health Care BusinessA spin-off would create a stand-alone, publicly traded health care company with approximately $1.6 billion in annual net sales and leading market positions in both surgical and infection prevention products and medical devices.