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Tylenol, Kleenex, Band-Aid join forces in $48.7 billion corporate takeover

Kimberly-Clark is buying Tylenol maker Kenvue in a cash and stock deal worth about $48.7 billion, creating a massive consumer health goods company. Shareholders of Kimberly-Clark will own about 54% of the combined company. Kenvue shareholders will own about 46%. The combined company will have a larg......

Source: The Horn News

Original URL: https://thehornnews.com/tylenol-kleenex-band-aid-join-forces-in-48-7-billion-corporate-takeover/