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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 ]
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.
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 ...
As 3M's chief executive continues acclimating to his new digs, Bill Brown's eyes still light up at the sight of the 122-year old manufacturer turning out miles of tapes, films and sandpaper.
Pages in category "3M brands" The following 14 pages are in this category, out of 14 total. This list may not reflect recent changes. B. Bair Hugger; Bondo (putty) F.
A company may use a reverse split to push its stock price back over a certain threshold, typically $1 per share, in order to maintain compliance with an exchange’s rules. To raise the stock price.