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J&J to sell all shares in spun-off unit Kenvue

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J&J to sell all shares in spun-off unit Kenvue

May 13, 2024 4:39 AM

May 13 (Reuters) - Johnson & Johnson ( JNJ ) will sell

all its 182.3 million shares in its spun-off company Kenvue ( KVUE )

in a stock offering in a debt-for-equity exchange, the

consumer health product firm said in a filing on Monday.

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