Johnson & Johnson said on Monday it was expecting to retain a stake of about 9.5% in its newly separated consumer health unit, Kenvue, after completing a share exchange offer.
Shares of the consumer health company rose 1.4% in premarket trading.
J&J launched the exchange offer last month under which its stockholders could opt for shares of the former consumer health unit related to the spinoff.
Source : Reuters
Data show that trade sanctions reduce commerce between the countries imposing them and their targets.…
Many countries have adopted different price regulations to contain pharmaceutical prices, even in markets exposed…
Governments around the world are increasingly mandating the digitalisation of business records, yet little is…
The 2024 reform of the EU fiscal framework makes fiscal adjustment more country-specific and less…
Households do not simply choose how much macroeconomic information to acquire; they choose among sources…
In 2008, the US stock market was worth $3 trillion more than the combined European…