Johnson & Johnson announced the next step in the split off of the consumer healthcare group Kenvue KVUE by offering at least 80.1% of the shares of Kenvue through an exchange offer.

For two years now, JNJ has been making quite a few pushes into the cardiovascular space to strengthen the medical devices business upon the split from the consumer unit, as before Shockwave ...

J&J telegraphed its split-off intentions last week during a presentation of its second-quarter earnings for 2023, when the company reported $25.5 billion in sales, beating out analyst expectations ...

Sanofi is reviewing options for the potential split, but said the most likely course would be a “capital markets transaction” to form a separately listed company based in France. The move ...

Sanofi's chief executive, Paul Hudson, said in an interview on Monday that the company is poised for strong growth from a variety of new drugs and is not facing imminent, costly patent expirations ...

The Reverse Unit Split is now expected to become effective as of 5:00 p.m. Eastern Time on January 11, 2024, and immediately thereafter, the Forward Unit Split is expected to become effective as ...

July 19 (Reuters) - Westpac Banking Corp (WBC.AX) on Wednesday said it would split its consumer and business banking business into two, with each having its own CEO, effective Aug. 1.