Spin-Off Research Valuation and Recommendation We value 3M Company (MMM) using the 2024e EV/EBITDA methodology by valuing MMM RemainCo (Stub) and Solventum (Spin-Off) separately.

Shares of Solventum, 3M’s soon-to-be-spun-off healthcare business, started trading this week. The initial stock price was $80, but shares closed Wednesday at $75 apiece. The Solventum spinoff ...

Shares of Solventum (SOLV), which incorporates healthcare information technology, wound care and other businesses, edged lower on their first day of trading Monday. Solventum, [spun off from 3M ...

Solventum, 3M’s health care spinoff based in Maplewood, is exploring a sale of its purification and filtration business, the Wall Street Journal reported Thursday citing unnamed sources.

3M spin-off Solventum beat analysts' estimate for first-quarter profit on Thursday, helped by higher sales of its wound care, sterilization products.

3M spin-off Solventum raised its annual profit forecast on Thursday, betting on strong sales of its wound care and surgical sterilization products.

Solventum spun out of 3M in 2024 and will move its headquarters from Maplewood to Eagan in the coming years. It makes health care products like dental materials and wound care supplies as well as ...

While some believe these liabilities total greater than the firm's market capitalization, we think 3M's settlements and the spinoff of Solventum reduce 3M's risks substantially.

Coupled with the spinoff of Solventum, 3M can refocus on opportunities in secular growth vectors in the transportation and electronics business.

Trian Partners, the activist hedge fund that recently lost a bruising proxy fight with Disney, is taking aim at Solventum, the health care company spun off from 3M earlier this year. Nelson Peltz ...

Continuing to hammer the innovation theme he spoke on in late July, new 3M Co. CEO Bill Brown said at a recent investment bank gathering that the diversified manufacturer could sell off some of its ...