J&J to reduce its stake in Kenvue by 80% through an IPO

Kenvue, Johnson & Johnson’s consumer health unit. CFOTO | Future Publishing | Getty Images Johnson & Johnson said on Monday that it plans to cut by at least 80% your share at Kenvue, a consumer health business dialed out as an independent company earlier this year through shares exchange offer. J&J owns 89.6% of Kenvue’s […]