Finance & Capital Management

The Decatur, Ill.-based facility expands the company’s sterile dosage capabilities, which includes injectables and ophthalmics.

Janssen, the company’s pharmaceutical segment, will be named Johnson & Johnson Innovative Medicine, and the medical technology segment will continue to be named Johnson & Johnson MedTech.

Novartis shareholders have approved the proposed 100% spin-off of Sandoz, the generics and biosimilars business of Novartis.

SEG is aiding early vital school programs and encouraging inclusive organizations to apply for its annual grant program.

Kellogg Company will be renamed Kellanova, and will continue to trade on the New York Stock Exchange under the ticker symbol "K," while WK Kellogg Co is expected to begin trading under the ticker symbol "KLG."

Kroger has agreed to pay up to $1.2 billion to states and subdivisions and $36 million to Native American tribes in funding for abatement efforts.

J.M. Smucker has signed a definitive agreement to acquire the Hostess brand of products for a total enterprise value of $5.6 billion, including $900 million of net debt.

Rachel Roff, founder and CEO of the brand, is stepping down from the company—Victoria Payne will succeed her as CEO.