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Johnson & Johnson Launches Exchange Offer for Separation of Kenvue Inc.

Johnson & Johnson (NYSE: JNJ) today announced its intention to split-off at least 80.1% of the shares of Kenvue Inc. (NYSE: KVUE) (โ€œKenvueโ€) through an exchange offer. Kenvue, formerly Johnson & Johnsonโ€™s Consumer Health business, completed its initial public offering (โ€œIPOโ€) in May 2023. Through the planned ...
New York United States Joaquin Duato Jp Morgan Securities Goldman Sachs Co Johnson Consumer Health

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