J&J spinoff Kenvue IPO prices at $22, valuation surpass $40 billion
@IPO_Focus:
1. $Kenvue Inc.(KVUE)$ will begin trading on NYSE on Thursday $Johnson & Johnson(JNJ)$ 's consumer health business, Kenvue, will be officially listed on the New York Stock Exchange on May 4, Eastern Time, under the stock code "KVUE" $Kenvue Inc.(KVUE)$ .Kenvue plans to issue 151.2 million common shares in this IPO, with an issuance range between $20 and $23 per share. Goldman Sachs, JPMorgan Chase, Bank of America, Citigroup, Deutsche Bank, BNP Paribas and other top international investment banks participated in this offering.It is worth mentioning that the actual issue size of Kenvue has been further increased to 172.8 million common shares at an issue price