Kimberly-Clark, known for household staples like Huggies diapers and Kleenex, has struck a deal to acquire Kenvue, the company behind Tylenol and Listerine, in a transaction valued.
Kimberly-Clark, known for household staples like Huggies diapers and Kleenex, has struck a deal to acquire Kenvue, the company behind Tylenol and Listerine, in a transaction valued at over $40 billion. The cash-and-stock agreement prices Kenvue shares at $21.01 each, a significant premium over their Friday close of $14.37, per the Wall Street Journal. The total value of the transaction, including debt, comes to $48.
