Kimberly-Clark announced a cash and stock transaction valued at $48.7 billion to acquire Kenvue.
The deal combines two iconic companies with complementary products, including 10 billion-dollar brands, reaching nearly half the global population.
Kenvue, a Johnson & Johnson spinoff, is the world’s largest pure-play consumer health company, with brands like:
Kimberly-Clark’s brands include:
No direct quote available.
Author summary: Kimberly-Clark acquires Kenvue for $48.7 billion.