J&J to sell all shares in spun-off unit Kenvue

Reuters · 05/13 10:52
J&J to sell all shares in spun-off unit Kenvue

- Johnson & Johnson JNJ.N will sell all its 182.3 million shares in its spun-off company Kenvue KVUE.N in a stock offering in a debt-for-equity exchange, the consumer health product firm said in a filing on Monday.


(Reporting by Leroy Leo in Bengaluru; Editing by Shilpi Majumdar)

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