3M completes healthcare spin-off, creating Solventum, which begins trading on the NYSE.

3M (MMM) completes healthcare spin-off, forming new company Solventum which begins trading on the NYSE. 3M's shareholders received one Solventum share for every four shares of 3M they owned on March 18. Solventum, with sales of $8.2 billion in 2023, aims to enhance its focus on core business and execute strategic capital allocation plans.

April 01, 2024
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