Is 3M Spinoff Solventum a Buy? (And What It Means for 3M Investors)
3M(MMM) fool.com·2024-05-17 16:42
The healthcare spinoff looks cheap, but there are some big hurdles it has to clear.It's always interesting when a new company comes to market and doubly interesting when it's a spinoff. In reality, two new companies came out of the spinoff of Solventum (SOLV -1.41%) and 3M (MMM 3.58%) -- a newly created healthcare company and an industrial conglomerate without a healthcare business.Introducing SolventumSolventum is a healthcare company operating in four segments and serving end markets that management belie ...