Kimberly-Clark agrees to purchase Kenvue for $48.7B
Government
Nov. 3 (UPI) -- The Texas-based Kimberly-Clark Corporation announced Monday it reached a deal to purchase Kenvue -- the maker of Band-Aid and Tylenol products -- for $48.7 billion. The combination cash and stock transaction will see Kimberly-Clark acquire all outstanding shares of Kenvue common stock. A news release from Kimberly-Clark said the sale will put 10 billion-dollar brands together under the same company. Kimberly-Clark's brands include Kleenex, Cottonelle, Huggies, Poise, Pull-Ups,
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