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Market Minute 11-3-25- Kimberly-Kenvue Ink $40 BLN Deal
Yahoo Finance· 2025-11-03 22:20
Stocks are mixed in the early going after last week’s solid finish. Gold and silver are rising modestly, while the dollar, Treasuries, and crude oil are mostly flat. Consumer products giant Kimberly-Clark Corp. (KMB) is taking advantage of the Tylenol-driven slide in Kenvue Inc. (KVUE), announcing plans to buy the firm for $40 billion in cash and stock. The offer price of $21.01 is a 46% premium to where KVUE closed on Friday. KVUE shares have been sliding for months amid comments from President Trump’s ...