Kimberly-Clark to buy Tylenol maker Kenvue in massive consumer merger

Big brands and big money. Kimberly Clark is buying Ken View in a nearly $50 billion cash and stock deal. That puts Huggies, Kleenex, Band-Aid, Neutrogena, and Tylenol all under one roof.It's one of the biggest deals on Wall Street this year and a major move for Kimberly Clark, which has been pivoting toward higher growth, higher margin businesses. If approved, the merger would create a consumer staples giant with $10 billion brands and around $32 billion in annual revenue. The companies expect nearly $2 bil ...