Business2 sources
Kimberly-Clark Plans $48.8B Acquisition of Kenvue, Parent of Tylenol
- Kimberly-Clark is planning to borrow billions for the acquisition of Kenvue.
- The acquisition amount is set at $48.8 billion.
- Kimberly-Clark is holding investor calls ahead of a possible bond sale.
- The acquisition of Kenvue, the maker of Tylenol, is nearing its closing.
- The deal is expected to be finalized soon, with financial preparations underway.