Tylenol Maker Scooped Up In $49 Billion Deal
Group 1 - Kimberly Clark (KMB) has agreed to acquire Kenvue (KVUE) in a cash/stock deal valued at $48.7 billion, including debt [1] - The acquisition price equates to $21.01 per share for Kenvue shareholders, representing a 46% premium over Friday's closing price [1] - Following the announcement, Kenvue shares surged by 20% in premarket trading on Monday [1]