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Kimberly-Clark to acquire Kenvue

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Trading information on Kenvue Inc., a consumer-health business spun off from Johnson & Johnson, is displayed on a screen during the company’s IPO at the New York Stock Exchange in New York City, May 4, 2023.

Brendan Mcdermid | Reuters

Kimberly-Clark said on Monday it will acquire Tylenol-maker Kenvue in a deal valued at about $48.7 billion.

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