Tylenol to join Kleenex, Huggies and Listerine in $48.7 billion takeover deal between Kimberly-Clark and Kenvue
PositiveFinancial Markets

In a significant move for the consumer goods sector, Tylenol will be part of a $48.7 billion takeover deal between Kimberly-Clark and Kenvue. This merger means that shareholders of Kimberly-Clark will hold approximately 54% of the newly formed company. This deal is important as it consolidates major brands under one umbrella, potentially enhancing market reach and operational efficiency.
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