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Kimberly-Clark to buy Tylenol maker Kenvue for $40 billion
BusinessLine·2025-11-04 12:08

Kimberly-Clark Corp. agreed to buy Kenvue Inc. for roughly 40billion,snappinguptheembattledTylenolmakersstoriedbrandsinagamblethatwouldvaulttheKleenexproducerintoconsumerhealthstoptier.KimberlyClarkagreedtopayatotalconsiderationof40 billion, snapping up the embattled Tylenol maker’s storied brands in a gamble that would vault the Kleenex producer into consumer health’s top tier.Kimberly-Clark agreed to pay a total consideration of 21.01 per Kenvue share, a 46 per cent premium to the Tylenol maker’s closing price on Friday. The deal values Kenvue at $48.7 billion on an enterprise basis, the companies said.The transaction exposes Kimberly-Clark to legal and political peril. ...