Johnson & Johnson plans to split into two companies: Report

Johnson & Johnson plans to split into two companies: Report

AgenciesUpdated: Friday, November 12, 2021, 10:06 PM IST
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Johnson & Johnson plans to split off its consumer health division from its large pharmaceuticals unit |

Johnson & Johnson plans to break up into two companies, splitting off its consumer health division that sells Band-Aids and Baby Powder from its large pharmaceuticals unit, it said on Friday, Reuters report said.

Shares of the company rose 5 percent before the bell.

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