Kimberly-Clark to buy Tylenol maker Kenvue in landmark $40bn merger
PositiveFinancial Markets

In a significant move for the consumer sector, Kimberly-Clark has announced its acquisition of Kenvue, the maker of Tylenol, for over $40 billion. This deal comes at a time when Kenvue, a spinoff from Johnson & Johnson, is facing challenges including lawsuits and regulatory scrutiny. The merger is expected to strengthen Kimberly-Clark's portfolio and enhance its market position, making it a noteworthy development in the industry.
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