NasdaqGS:KMBHousehold Products
Kimberly Clark (KMB) Buys Kenvue To Build A Bigger Essential Health Business
Kimberly-Clark (NasdaqGS:KMB) is acquiring Kenvue, Johnson & Johnson's consumer health business.
The deal brings a broad portfolio of essential health product brands under Kimberly-Clark's control.
The transaction is expected to reshape Kimberly-Clark's position in higher margin consumer health categories.
Kimberly-Clark enters this Kenvue deal with its stock at $109.7 and a mixed return profile, including an 8.2% gain year to date and a decline of 9.7% over the past year. Returns over 3...