Johnson & johnson announces launch of kenvue inc. ipo roadshow

New brunswick, n.j.--(business wire)--johnson & johnson (nyse: jnj) today announced that kenvue inc. (“kenvue”), a wholly owned subsidiary of johnson & johnson comprising its consumer health business, has launched a roadshow for the initial public offering (“ipo”) of 151,204,000 shares of its common stock. kenvue expects to grant the underwriters a 30-day option to purchase up to an additional 22,680,600 shares of its common stock to cover over-allotments, if any. the ipo price is curre.
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