J&J eyes $43b valuation for consumer health unit Kenvue in US IPO

J&J eyes $43b valuation for consumer health unit Kenvue in US IPO

Image by graystudiopro1 on Freepik

Johnson & Johnson said on Monday it was seeking a valuation of up to $42.95 billion in the initial public offering of its consumer health unit, Kenvue, at a time when investor appetite for new listings has been muted.