Tylenol, Huggies and Kimberly-Clark
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(CNN)– Kimberly Clark, the maker of Huggies is buying Kenvue the parent company of Tylenol. Company officials say this nearly $50 billion deal brings together ten major brands, and will push yearly revenue to $32 billion.
Kimberly-Clark, in partnership with Cartology, has launched Australia’s first touch and feel point of sale baby aisle campaign to support the new Huggies Pure and Sensitive nappies. The innovative use of Retail Media brings the product’s key benefit to life,
Kimberly-Clark shares were on track for their biggest one-day drop since the 1980s after the Huggies diapers maker agreed to buy Kenvue. Shares in the Tylenol maker leapt. In recent trading: Kimberly-
Kenvue stock share price today shows a major surge after Kimberly-Clark announced plans to buy Kenvue for over $40 billion. The cash-and-stock deal will merge brands like Huggies, Kleenex, Tylenol, and Band-Aid under one company,