Kimberly-Clark to buy maker of Tylenol
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(CNN)– Kimberly Clark, the maker of Huggies is buying Kenvue the parent company of Tylenol. Company officials say this nearly $50 billion deal brings together ten major brands, and will push yearly revenue to $32 billion.
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Tylenol, Kleenex, Band-Aid and more put under one roof in $48.7 billion consumer brands deal
Kimberly-Clark is buying Tylenol maker Kenvue in an approximately $48.7 billion cash-and-stock deal, creating a massive consumer health goods company.