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The new company would assume 3M's business in wound and oral care, health informatics, and biopharmaceutical filtration. [2] The sales of products in these fields accounted for about a quarter of 3M's total sales in 2021. [3] CEO Mike Roman said that the split would "position 3M for the future, to create more opportunity and greater certainty". [4]
3M disclosed plans to spin off its healthcare business into a listed company last year, in which the U.S. industrial giant would retain a 19.9% stake. The plan came amid litigations from military ...
On April 8, 2002, 3M's 100th anniversary, the company changed its legal name to "3M Company". [ 42 ] [ 43 ] On September 8, 2008, 3M announced an agreement to acquire Meguiar's, a car-care products company that was family-owned for over a century. [ 44 ]
3M last year disclosed plans to spin off its healthcare business into a listed company, in which the U.S. industrial giant would retain a 19.9% stake. The health care unit, which focuses on wound ...
GlassBridge Enterprises, Inc., formerly Imation Corporation, is an American holding company. Through its subsidiary, Glassbridge focuses primarily on investment and asset management. The company was founded in 1996 under its original name of Imation as a spin-off of 3M's data storage and imaging business.
Here are two growth stocks that recently issued a 10-for-1 split you can buy today with less than $200. ... The company has split its stock twice in the last five years: a 4-for-1 split in 2021 ...
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In 2001 the company was acquired by Tyco International, [7] and in 2011 it changed its name from Scott Health and Safety to Scott Safety. [8] In 2014 Scott Safety acquired the gas and flame protection company Industrial Safety Technologies for $329.5 million. [5] In 2017, 3M entered negotiations to acquire Scott Safety for $2 billion. [9]