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Kimberly-Clark Agrees to Buy Kenvue, Maker of Tylenol, for $40 Billion
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Kimberly-Clark Agrees to Buy Kenvue, Maker of Tylenol, for $40 Billion

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The New York Times

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]

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Source: The New York Times

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