J&J's Kenvue valued at $48 bln in biggest US IPO since 2021

Kitco Media
By Reuters
Published:
Updated:
Reuters
May 4 (Reuters) - Kenvue Inc fetched a valuation of nearly $48 billion in its market debut after shares of Johnson & Johnson's consumer health business rose 16% at the open on Thursday. (Reporting by Manya Saini and Bhanvi Satija in Bengaluru; Editing by Shounak Dasgupta)

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