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3M Completes Spin-off of Solventum - Apr 1, 2024

(5 days ago) WEBST. PAUL, Minn., April 1, 2024 /PRNewswire/ -- Today, 3M completed the planned spin-off of its health care business, which formally launches Solventum Corporation as an …

https://news.3m.com/2024-04-01-3M-Completes-Spin-off-of-Solventum

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3M Announces Plans to Create Long Term Value Through Spin-Off …

(6 days ago) WEBST. PAUL, Minn., July 26, 2022 / PRNewswire / -- 3M (NYSE: MMM) today announced its intent to spin off its Health Care business, resulting in two world-class …

https://news.3m.com/2022-07-26-3M-Announces-Plans-to-Create-Long-Term-Value-Through-Spin-Off-of-Health-Care-Business

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3M’s $8B healthcare business to go solo - Fierce Biotech

(8 days ago) WEBThe separation announcement gave 3M’s stock a bit of a boost: It opened Tuesday morning around $143.50, about a 7% jump from Monday’s closing price. News of 3M’s split comes shortly after GE

https://www.fiercebiotech.com/medtech/3m-separate-8b-healthcare-business-standalone-public-company

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3M will spin off its health-care business into a new public company

(4 days ago) WEBKey Points. 3M announced Tuesday that it will spin off its health-care business into a separate publicly traded company. The new business will focus on …

https://www.cnbc.com/2022/07/26/3m-will-spin-off-its-health-care-business-into-a-new-public-company.html

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3M will spin off $8.6 billion health care business into new company

(6 days ago) WEBThe company is already selling off its food safety business to Michigan-based Neogen, with that deal expected to close in September. The health care spinoff …

https://www.mprnews.org/story/2022/07/26/3m-will-spin-off-86-billion-health-care-business-into-new-company

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3M's health care spinoff: What we know so far - The Business …

(3 days ago) WEBMaplewood-based 3M plans to spin off its health care business. 3M Co. By J.D. Duggan – Staff Reporter, Minneapolis / St. Paul Business Journal. Sep 8, 2023. …

https://www.bizjournals.com/twincities/news/2023/09/08/3ms-health-care-spinoff-what-we-know-so-far.html

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3M to spin off $8.6 billion health care business - Star …

(Just Now) WEBThe decision will profoundly reshape Maplewood-based 3M and chart a new course for its health care spinoff. 3M plans to spin off its $8.6 billion health care business, a move meant to sharpen its

https://www.startribune.com/3m-to-spin-off-8-6-billion-health-care-business-create-new-3m/600193073/

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How 3M Spun Off Its Healthcare Business

(5 days ago) WEBIn July 2022, 3M announced its intention to spin off its $8.61 billion healthcare business group to act as a standalone diversified healthcare technology …

https://americanhealthcareleader.com/2024/3m-healthcare-business/

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3M to spin off healthcare business, earplugs unit seeks bankruptcy

(3 days ago) WEBQ2 profit of $2.48/share beats est. of $2.42. July 26 (Reuters) - 3M Co (MMM.N) on Tuesday disclosed plans to spin off its healthcare business into a listed …

https://www.reuters.com/business/healthcare-pharmaceuticals/3m-spin-off-healthcare-business-2022-07-26/

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3M (MMM) Plans to Spin Off Health-Care Business by End of Next …

(2 days ago) WEBIt will retain a stake of 19.9% in the medical-supplies business initially and sell off the holding over time, 3M said Tuesday in a statement. The company, based in …

https://www.bloomberg.com/news/articles/2022-07-26/3m-plans-to-spin-off-health-care-business-by-end-of-next-year

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3M CEO says healthcare spinout 'progressing' as revenues fall …

(9 days ago) WEBThe updates on the spinout came as 3M reported falling revenues across the entire company. Net sales weighed in at $8.3 billion, down 3.6% from the same time last …

https://www.fiercebiotech.com/medtech/3m-ceo-says-healthcare-spinout-progressing-revenues-fall-across-company

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3M to spin off healthcare business, earplugs unit seeks bankruptcy

(7 days ago) WEBThe healthcare business, in which 3M will retain a stake of 19.9%, will focus on wound care, oral care and healthcare technology. The company expects to complete …

https://finance.yahoo.com/news/3m-spin-off-healthcare-business-104254659.html

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3M is said to consider sale of its healthcare IT division

(5 days ago) WEBThe healthcare IT unit is located within 3M's larger health group, which contributed about $9B of the MMM's 2021 revenue. Recall 3M (MMM) agreed to buy the …

https://seekingalpha.com/news/3826942-3m-is-said-to-consider-sale-of-its-healthcare-it-division

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3M's (MMM) Board Approves Health Care Business Spin-Off

(6 days ago) WEB2w. 3M Company’s MMM board has approved the planned spin-off of its health care business into a separate public company. The spun-off entity will become a standalone …

https://www.msn.com/en-us/money/companies/3ms-mmm-board-approves-health-care-business-spin-off/ar-BB1jHDGf

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Manufacturing Titan 3M Is Spinning Off Its Healthcare Business

(5 days ago) WEBEarlier today, 3M announced that it will formally separate its healthcare division into a separate, spin-off business. The press release explains that its …

https://www.forbes.com/sites/saibala/2022/07/26/manufacturing-titan-3m-is-spinning-off-its-healthcare-business-into-a-separate-company/

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3M to name CEO for Health Care spinoff soon MassDevice

(1 days ago) WEB3M officials say they remain on track to spin off the company's Health Care business by late 2023 or early 2024. 3M Health Care sales were down 4.8% year …

https://www.massdevice.com/3m-to-name-ceo-for-health-care-spinoff-soon/

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3M to Cut Dividend on Health-Care Spin, Losing Aristocrat Status

(4 days ago) WEB3M Co. plans to slash its dividend, ending more than six decades of boosting the payout each year as it enters a new era following the spinoff of its health-care …

https://www.bloomberg.com/news/articles/2024-04-30/3m-to-cut-dividend-on-health-care-spin-losing-aristocrat-status

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3M Outperformed in Q1 Ahead of Its Healthcare Business Spinoff

(3 days ago) WEBUnderstanding 3M's business landscape. Through this past quarter, 3M has segmented its vast operations into four categories: safety and industrial, transportation …

https://www.fool.com/data-news/2024/04/30/3m-outperformed-in-q1-ahead-of-its-healthcare-busi/

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3M Announces Plans to Create Long Term Value Through Spin-Off …

(1 days ago) WEBPAUL, Minn., July 26, 2022 /PRNewswire/ -- 3M (NYSE: MMM) today announced its intent to spin off its Health Care business, resulting in two world-class public companies well …

https://www.prnewswire.com/news-releases/3m-announces-plans-to-create-long-term-value-through-spin-off-of-health-care-business-301593185.html

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What 3M's health care spinoff could mean for Minnesota

(3 days ago) WEBThe health care business makes things like bandages and dental supplies. It accounts for about a quarter of the company's annual sales. The intrigue: We don't yet …

https://www.axios.com/local/twin-cities/2022/07/27/3m-health-care-spinoff-minnesota

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3M to Cut Dividend After Healthcare Spinoff; Stock Rises

(7 days ago) WEB3M products include Scotch tape and Post-it notes. (Nate Ryan for The Wall Street Journal) Dividend aristocrat 3M will soon join the commoners, after the company …

https://www.wsj.com/livecoverage/stock-market-today-earnings-04-30-2024/card/3m-to-cut-dividend-in-wake-of-health-care-spinoff-f0gTghcjrgguP0ZwyGjr

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3M Reveals Solventum as New Name for Planned, …

(5 days ago) WEBrequired conditions. Until the spin-off, the Health Care Business continues to be part of 3M and governed by the policies and procedures of 3M. 3M's Health Care …

https://news.3m.com/2023-11-16-3M-Reveals-Solventum-as-New-Name-for-Planned,-Independent-Health-Care-Company-Following-Spin-Off?asPDF=1

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