11-04-2025, 07:22 PM
From the Daily Update:
I think Kenvue's existance was as short as Scaramucci's position at the White House.
Obviously, someone thinks there's still some juice to squeeze. I have to admit, JNJ had assembled quite a consumer product portfolio before spinning it off.
Any thoughts?
Quote:Kimberly-Clark Takeover Offers $48 Billion of Pain Relief to Tylenol-Maker Kenvue
Brian Boyle
Tue, November 4, 2025 at 6:30 AM EST
At least Kimberly-Clark will have unlimited access to free Tylenol.
The toiletries giant announced an agreement Monday to acquire Kenvue for $48.7 billion in stock and cash. It’s a big bet on the Tylenol-maker, whose shares had plummeted some 30% in the days since a bombshell White House allegation in September linking use of the popular pain reliever by pregnant women to autism.
I think Kenvue's existance was as short as Scaramucci's position at the White House.
Obviously, someone thinks there's still some juice to squeeze. I have to admit, JNJ had assembled quite a consumer product portfolio before spinning it off.
Any thoughts?