Kimberly-Clark is buying Tylenol maker Kenvue in a cash and stock deal worth about $48.7 billion, creating a massive consumer health goods company.

Shareholders of Kimberly-Clark will own about 54% of the combined company. Kenvue shareholders will own about 46% in what is one of the largest corporate takeovers this year.

The combined company will have a huge stable of household brands under one roof, putting Kenvue’s Listerine mouthwash and Band-Aid side-by-side with Kimberly-Clark’s Cottonelle toilet paper, Huggies and Kleenex tissues...

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[+] 114 points 11 months ago* (last edited 10 months ago) (2 children)
  • [–] [S] 74 points 11 months ago

    The purchase price was historically low due to the libelous accusations of acetaminophen causing autism.

    Investing in corruption pays off bigly when Republicans manage to ooze their way into office.

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  • [–] 41 points 11 months ago (1 child)

    What's Kimberly Clark's connection to Trump/rfk? It's always transactional.

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  • [–] 18 points 11 months ago

    A cursory search and glance at their disclosure seems to show they donated mostly to Dems last cycle, and most of that was individual donations and not as a company. That doesn't mean that things haven't changed, or that they're not just capitalizing on RFK's insanity.

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  • [–] 13 points 11 months ago (1 child)

    So how quick until all the autism links magically dissappear?

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  • [–] 10 points 11 months ago