Kimberly-Clark to acquire Kenvue for $48.7bn.

Kimberly-Clark, a personal care leader, agreed to acquire Kenvue, a global consumer health leader, for $48.7bn. "We are excited to bring together two iconic companies to create a global health and wellness leader. Kenvue is uniquely positioned at the intersection of CPG and healthcare, with exceptional talent and a differentiated brand offering serving attractive consumer health categories. With a shared commitment to developing science and technology to provide extraordinary care, we will serve billions of consumers across every stage of life," Mike Hsu, Kimberly-Clark Chairman and Chief Executive Officer.