Facing tariffs and a big sale, Solventum sees profits slide
As tariffs loom, 3M spinoff Solventum’s operating margins are continuing to shrink, and its investors are looking toward the company’s announced purification business sale for balance sheet relief.
Feds issue warning on body armor sold by Stow business
A Stow business owner was charged in federal court or importing body armor made in China and sold as being made in the United States and without federally mandated certifications.
SlimFast up for sale as Glanbia shares dive on profit warning
Nutrition supplement maker Glanbia announced plans to sell its underperforming U.S. weight management brand SlimFast on ...
Trian ‘commends’ Solventum on Filtration unit sale, sees cost cut opportunities
Trian Fund Management, which beneficially owns about 5% of Solventum (SOLV) and is the company’s largest active shareholder, commented on ...
Nelson Peltz's Trian to push Solventum to further simplify business, WSJ reports
Activist investor Nelson Peltz's Trian Fund Management plans to push Solventum for further business separations following the company's $4.1 billion filtration unit sale, the Wall Street Journal ...
Solventum: An Impressive Sale Of Purification And Filtration
Solventum's $4.1B divestment to Thermo Fisher enhances financial stability, boosts EPS, and strengthens its long-term growth ...
Solventum sells purification business for $4.1B to pay down debt
M health care spinoff Solventum is selling its purification business to Thermo Fisher Scientific for $4.1 billion in cash to ...