Kenvue

Kimberly-Clark’s Kenvue Buyout: Accusations of Market Manipulation and Corruption

In a significant move, Kimberly-Clark is set to acquire Tylenol maker Kenvue in a $48.7 billion deal, creating a consumer goods powerhouse with a combined revenue of $32 billion. The agreement will see Kimberly-Clark shareholders owning approximately 54% of the combined entity, housing household brands like Listerine and Band-Aid alongside Huggies and Kleenex. This deal, one of the year’s largest, comes as Kenvue, a relatively young independent company spun off from Johnson & Johnson, has been under pressure from activist investors. The transaction, anticipated to close in the second half of next year pending shareholder approval, will result in cost savings and has led to shifts in both companies’ stock prices.

Read More

Tylenol CEO Lobbied RFK Jr. on Autism-Drug Link in Report

CEO of Tylenol Maker Lobbied RFK Jr. Not to Cite Drug as Autism Cause in Report

The news that the CEO of Kenvue, the makers of Tylenol, met with Robert F. Kennedy Jr. to dissuade him from including acetaminophen (the active ingredient in Tylenol) as a potential cause of autism in an upcoming report has certainly sparked a lot of discussion. It’s a situation that encapsulates so much of what’s frustrating about the intersection of politics, money, and public health. The fact that a company would lobby to prevent a drug from being linked to a serious condition like autism raises eyebrows, regardless of the scientific merits of the claim.… Continue reading