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
Experts say $200bln bond-buying effort unlikely to significantly lower housing costs. There's scant evidence so…
That has helped at least to put a floor under euro zone bond prices. Euro…
Bank profitability will remain strong this year despite lower interest rates, says S&P. Saudi banks…
The 2026 review of the EU ETS must be anchored in facts and focus on…
Federal Open Market Committee statements typically sound unanimous, but the Committee’s internal debates rarely are.…
Local responses to gender-based violence, with femicide as its most extreme form, remain uneven across…