Kimberly-Clark to buy Tylenol maker Kenvue in $48.7 billion megadeal

IRVING, Texas: In one of the most significant consumer-goods mergers of the year, Kimberly-Clark is buying Tylenol maker Kenvue in a cash-and-stock deal valued at US$48.7 billion, bringing some of the world's most recognizable health and household brands under a single corporate roof.

The combined company will control a sprawling lineup of staples, from Kleenex, Huggies, and C