Kleenex Tissue Maker Kimberly-Clark Strikes $48.7 Billion Deal For Tylenol Maker Kenvue

Reuters

11/20

Nov 3 (Reuters) - Kimberly-Clark and Kenvue::
*KIMBERLY-CLARK TO ACQUIRE KENVUE, CREATING A $32 BILLION GLOBAL HEALTH AND WELLNESS LEADER
*KIMBERLY-CLARK CORP: TOTAL ANTICIPATED RUN-RATE SYNERGIES OF $2.1 BILLION; EXPECTED TO BE ACCRETIVE TO KIMBERLY-CLARK'S ADJUSTED EPS BY YEAR 2
*KENVUE INC - SHAREHOLDERS TO RECEIVE $3.50 CASH AND 0.14625 KMB SHARES
*KENVUE INC - KIMBERLY-CLARK TO BUY KENVUE AT $48.7 BILLION ENTERPRISE VALUE
*KENVUE: MIKE HSU WILL BE THE CHAIRMAN AND CEO OF THE COMBINED COMPANY
*KENVUE INC: TOTAL CONSIDERATION TO KENVUE SHAREHOLDERS OF $21.01 PER SHARE ON KIMBERLY-CLARK DEAL

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 03-NOV-202511:30:00.467 GMT

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