The owner of Kleenex and Huggies will acquire the embattled company, which has fought claims by the Trump administration that a common pain reliever is linked to harmful side effects.
Kimberly-Clark, the consumer products giant that owns Kleenex and Huggies, plans to acquire Kenvue, the embattled maker of Tylenol, Johnson’s Baby products and more, for about $40 billion, the companies announced on Monday.
Shares of Kenvue have plum... [1213 chars]