yuelan
- Kenvue (NYSE:KVUE) priced its secondary underwritten public offering of 182.3M shares at $20.00 apiece, which are being offered as part of Johnson & Johnson’s (NYSE:JNJ) exit from the company in a debt-for-equity exchange.
- The offering is expected to close on May 17.
- After the completion of the offering, J&J (JNJ) will no longer own any Kenvue (KVUE) shares.
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