- Kenvue (NYSE:KVUE) priced its secondary underwritten public providing of 182.3M shares at $20.00 apiece, that are being supplied as a part of Johnson & Johnson’s (NYSE:JNJ) exit from the corporate in a debt-for-equity trade.
- The providing is anticipated to shut on Might 17.
- After the completion of the providing, J&J (JNJ) will not personal any Kenvue (KVUE) shares.