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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) (“Kenvue”) through an exchange offer. Kenvue, formerly Johnson & Johnson’s Consumer Health business, completed its initial public offering (“IPO”) 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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