3M's health care business, which is on track to become a separate company by the end of the year, will remain a Minnesota-based company — at least for a while. The health care spin-off so far ...

3M’s health care business had $8.2 billion in revenue last year, about a quarter of 3M’s total sales. Both 3M and Solventum hope to gain greater focus by separating.

ST PAUL, Minn. — Minnesota-based 3M has officially completed the spin-off of its health care business, the company announced Monday. Solventum Corporation will now operate as an independent ...

The health care unit, which focuses on wound care, oral care and health care technology, accounted for about 25% of 3M’s $34.23 billion in sales last year, Reuters reported.

3M's (NYSE: MMM) +1.6% in Friday's trading as its board approved the spinoff of the company's Health Care business, which will be called Solventum Corp., effective April 1.

3M set the date for Solventum's creation in a 300-page securities filing on Wednesday that offered many other details about the makeup of the new health care-focused firm.

3M says its Health Care Business Group has grossed $8.4 billion in sales since 2022 through a “deep and diverse portfolio of trusted brands, global capabilities, and leadership in attractive end ...

Investors got an early look at how the market values Solventum, the health care products business of 3M that's set to formally separate next week. 3M hires outsider as new CEO 3M spin-off names ...

3M Co, MMM said two executives are leaving the company as it prepares to spin off its Health Care Business. Jeff Lavers, group president, Health Care Business Group, will depart on Dec. 1.