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