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Kimberly Clark

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business2 months ago

Kimberly-Clark's $48.7 Billion Acquisition of Tylenol Parent Kenvue Sparks Market Volatility

Kimberly-Clark is acquiring Kenvue for nearly $50 billion, aiming to create a global health and wellness leader, but the market reacts negatively due to legal risks and Kenvue's stagnant sales. Kenvue's stock rose 15% post-announcement, while Kimberly-Clark's fell 13%, reflecting investor concerns about the deal's valuation and potential legal liabilities.