Tag: Kenvue

J&J to exit spinoff Kenvue with latest stake sale

(Reuters) -Tylenol maker Kenvue said on Monday that Johnson & Johnson will sell its remaining 9.5% stake in the company, about a year after the healthcare conglomerate spun off and listed its consumer health business. Based on Kenvue stock’s last close, the offering of 182.3 million shares would be worth about $3.75 billion, according to […]