Kimberly-Clark to buy Tylenol maker Kenvue for nearly $50 billion
From the Right
AllSides Media Bias Rating: Lean Right
The two companies said that the combined business will bring together 10 billion-dollar brands and drive annual revenue of $32 billion, CNN reported. The total amount that Kenvue is being bought for is $48.7 billion. Kimberly-Clark also makes Huggies baby diapers.
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