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Spin-offs

J&J to reduce Kenvue stake by 80% through stock exchange offer

by Akin Smith
J&J to reduce Kenvue stake by 80% through stock exchange offer

Kenvue, a unit of Johnson & Johnson’s consumer health business. CFOTO | Future Publishing | Getty Images Johnson & Johnson on Monday said it plans to reduce by at least …

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Novartis (NVS) earnings report Q2 2023

by Akin Smith
Novartis (NVS) earnings report Q2 2023

Novartis said in August that it plans to spin off its generics unit Sandoz to sharpen its focus on its patented prescription medicines. Bloomberg | Bloomberg | Getty Images Novartis …

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