Kimberly-Clark to buy maker of Tylenol
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Kimberly-Clark Corp, the company behind popular brands like Kleenex and Huggies, has announced its plan to acquire Kenvue Inc. The deal, worth around $40 billion in cash and stock, will see Kimberly-Clark take over the maker of Tylenol.
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Tylenol, Kleenex, Band-Aid and more put under one roof in $48.7 billion consumer brands deal
Kimberly-Clark is buying Tylenol maker Kenvue in an approximately $48.7 billion cash-and-stock deal, creating a massive consumer health goods company.