Tylenol maker Kenvue purchased by Kimberly-Clark
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...
https://apnews.com/article/kimberly-clark-kenvue-tylenol-98d5fd39c12b25524e3188da2e840436Open linkView original on lemmy.world103
Comments8
Fuck I did not see that angle. Total ripoff.
It's the only angle for the people at the top. If you constantly ask what's the point you need to keep thinking about who could benefit. It's always a business or a person grifting the US of A.
The purchase price was historically low due to the libelous accusations of acetaminophen causing autism.
Investing in corruption pays off bigly when Republicans manage to ooze their way into office.
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.
So how quick until all the autism links magically dissappear?
https://thehill.com/policy/healthcare/5582061-kennedy-trump-tylenol-autism/