The deal priced below last closing price of $20.63. Goldman Sachs, JPMorgan and BofA are acting as joint book running managers for the offering.
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Read More on KVUE:
- Johnson & Johnson Will Sell Remaining Stake in Kenvue (NYSE:KVUE)
- Unusually active option classes on open May 13th
- Kenvue confirms launch of 182.33M secondary offering for holders
- Kenvue files to sell 182.33M shares of common stock for holders
- Kenvue Inc call volume above normal and directionally bullish
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