: J&J Kenvue spinoff adds slew of banks to its initial public offering roster

Kenvue Inc., the consumer products spinoff from Johnson & Johnson JNJ, has grown the roster of banks underwriting its initial public offering beyond the two original leads . Goldman Sachs & Co. LLC and JP Morgan, according to a filing on Friday. The new banks include BofA Securities, Citigroup, Deutsche Bank Securities, BNP Paribas, HSBC, RBC Capital Markets, UBS Investment Bank, BBVA, ING, IMI-Intesa Sanpaolo, Santander, UniCredit Capital Markets; Academy Securities, Independence Point Securities, Ramirez & Co. Inc., R. Seelaus & Co. LLC, and Siebert Williams Shank. Kenvue has yet to announce an estimated price range and share count for its IPO. The company plans to list its shares of common stock on the New York Stock Exchange under the symbol “KVUE”.

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