Activist investor Starboard Value acquires substantial stake in Kenvue Inc., future strategic changes possible.

Activist investor Starboard Value has acquired a substantial stake in Kenvue Inc. (NYSE:KVUE), a consumer products company known for brands like Tylenol and Listerine. Kenvue, which was spun off from Johnson & Johnson last year, may see strategic changes as Starboard seeks to improve its performance, though specific plans have not been disclosed. This move indicates potential growth opportunities for Kenvue.

5 months ago
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