3M Says Planned Healthcare Spinoff to Be Named Solventum
November 16 2023 - 11:46AM
Dow Jones News
By Denny Jacob
3M said the name of its planned, independent healthcare company
would be named Solventum following its spinoff.
The manufacturer said the new name and branding would go into
effect when the spinoff takes place, which it expects to be in the
first half of 2024 pending approval from the board and other
required conditions.
The healthcare business, which will continue to be a part of 3M
until the spinoff, would to focus on markets ranging from wound
care to oral care.
3M said Solventum originates from the words "solving" and
"momentum".
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
November 16, 2023 11:31 ET (16:31 GMT)
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