A recent announcement states the 3M will spinoff its healthcare unit Solventum on Apr 1, 2024. At this time there is no indication of how it will effect MMM stock price or dividend. What is a reasonable expectation of the impact of this divestiture on MMM price and dividend?
https://news.3m.com/2024-02-21-3M-Announces-Filing-of-Form-10-Registration-Statement-for-Planned-Spin-Off-of-Health-Care-Business-as-Solventum
