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Sunday, March 23, 2025

TOMS Capital Pushes For Kenvue Sale, Separation

 


TOMS Capital Investment Management has amassed a stake in Kenvue Inc. and is pushing for changes at the consumer health company, which has only just avoided a battle with an activist investor.

The New York-based hedge fund is urging Kenvue to consider a full sale or separation of some assets, according to people with knowledge of the matter, who asked not to be identified discussing confidential information. The size of TOMS’ stake couldn’t immediately be learned.

https://www.bloomberg.com/news/articles/2025-03-23/toms-capital-pushes-for-kenvue-sale-separation

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