3M Takes Smaller Than Expected Hit For Earplug Failure Prior To Health Care Spin Out
3M will pay out more than $15bn in settlements reached this year after agreeing to a $6bn settlement over its ear defenders.
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The company’s health businesses include product lines worth nearly $9bn in annual sales. The deal is designed to allow both the new health care company and the “new 3M” to focus resources more efficiently on their separate priorities.
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