Kimberly-Clark to Acquire Kenvue
Kimberly-Clark, the maker of Huggies diapers, has agreed to acquire Kenvue, forming a $32 billion health and wellness conglomerate.
The deal will create a combined portfolio of complementary products, including 10 billion-dollar brands, reaching nearly half the global population at every stage of life.
- Enterprise value of Kenvue: approximately $48.7 billion
- Transaction type: cash and stock
“Kenvue is uniquely positioned at the intersection of CPG and healthcare, with exceptional talent and a differentiated brand offering serving attractive consumer health categories.” - Mike Hsu, Chairman and CEO of Kimberly-Clark
Author's summary: Kimberly-Clark acquires Kenvue for $48.7 billion.
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