Kenvue (KVUE) is being urged by investor TOMS Capital Investment Management to consider selling the company or spinning off some of its assets, Bloomberg reported Monday.
TOMS Capital has been accumulating shares in the company that was spun out of Johnson & Johnson (JNJ) in 2023, the report said, citing sources with knowledge of the matter.
Kenvue and TOMS Capital Investment did not immediately respond to requests for comment from MT Newswires.
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