Consumer giant Kimberly-Clark, which makes Huggies diapers and Kleenex tissues, is buying the company that makes Tylenol and Band-Aids in one of the biggest mergers of the year. The deal, worth almost $49 billion, comes at a particularly difficult time for Tylenol-maker Kenvue, after the Trump administration linked acetaminophen the active ingredient in this common painkiller to autism. The assertions came despite a lack of clear scientific evidence, and Kenvue has called them simply false.
Chocolate candies might initially come to mind when you hear the famous Nestlé name. And while it does own some well-known confections like KitKat and Toll House, you might be surprised to learn that it also owns over 2,000 brands ranging from beverages and infant food to pet food, soups, seasonings, cereals, ice creams, and even frozen and chilled foods. The Nestlé conglomerate defines itself with the logo and tagline "Good Food, Good Life."
"It's the talent, depth, availability, and the speed with which you can access talent of that depth and availability [in India]," said Oisin Hanrahan, co-founder and CEO of Keychain.