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Kimberly-Clark Buys Embattled Tylenol Maker Kenvue In $48 Billion Deal

Kimberly-Clark will acquire Kenvue in a deal valued at nearly $49 billion, both companies announced Monday, combining the maker of Huggies diapers and Kleenex with the owner of Tylenol, which has faced pressure since President Donald Trump claimed without conclusive evidence the drug is a potential cause of autism.

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