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Kimberly-Clark to acquire Kenvue
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Kimberly-Clark to acquire Kenvue

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1 min read
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CNBC

Kenvue's shareholders will receive $3.50 per share and 0.15 Kimberly-Clark shares for each Kenvue share held.

Kimberly-Clark said on Monday it will buy Tylenol-maker Kenvue in a cash-and-stock deal valued at about $48.7 billion, to create one of the biggest consumer health goods companies in the United States. Shares of Kenvue were up 18% in premarket tradin... [884 chars]

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Source: CNBC

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