Kimberly-Clark buys Tylenol maker Kenvue for more than $48 billion
Update: 2025-11-03
Description
In a major industry shakeup, Kenvue, known for consumer health items, is merging with Kimberly-Clark, the brand behind Kleenex and Huggies. This deal aims to create a powerhouse in everyday health products, focusing on innovation and trusted brands. Kenvue, facing challenges like recent Tylenol controversy and poor stock performance, sees this as an opportunity to accelerate product launches. Kimberly-Clark, on the other hand, expects to expand its reach and offer more convenient options. The merger is set to finalize in the second half of next year, with Mike Hsu, Kimberly-Clark's CEO, taking the helm. The combined company is poised to reshape the consumer health landscape.
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