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Kimberly-Clark to buy Kenvue, maker of Tylenol, in $48 billion deal
Kimberly-Clark is buying Kenvue, the maker of Tylenol, after months of controversy around whether the medicine is linked to autism.
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cnbc.com
Kimberly-Clark to buy Kenvue in $48.7 billion deal
Kenvue's shareholders will receive $3.50 per share and 0.15 Kimberly-Clark shares for each Kenvue share held.
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Kimberly-Clark agrees to buy Tylenol owner Kenvue in $48.7 billion deal, creating consumer staples giant
The combined company would bring together brands like Huggies and Kleenex with the likes of Band-Aid and Tylenol.
