2.4 C
Ottawa
Friday, December 19, 2025

Kimberly-Clark to Buy Tylenol Parent Kenvue in $48.7 Billion Deal

Date:

Tylenol lines the shelves of a store in Brandon, Miss. John Fredricks/The Epoch TimesKimberly-Clark said on Nov. 3 that it will purchase Tylenol and Band-Aid parent company Kenvue in a $48.7 billion deal, forming an enormous consumer staples conglomerate.The cash-and-stock deal includes Huggies-maker Kimberly-Clark paying $21.01 for each Kenvue share—a 41 percent premium from its Oct. 31 closing price. The acquisition, one of the largest on Wall Street this year, is expected to close in the second half of 2026.

About the author: Andrew Moran
Tell us something about yourself.
spot_imgspot_imgspot_img

Share post:

More like this
Related

What Kind of Financial Advisor Do You Need? Heres How to Decide

When it comes to making money decisions, it can...

US Retailers Brace for Surge of Post-Christmas Returns: Adobe Analytics

Returns have become a crucial strategy for U.S. retailers.Shoppers...

7 Ways to Rein In Holiday Spending

Monkey Business Images/ShutterstockYou probably don’t want to start the...

How the One Big Beautiful Bill Affects Americans Taxes, Benefits, Payments

The Trump-backed One Big Beautiful Bill Act set in...