Caroline Woods: Big brands and big money - Kimberly-Clark is buying Kenvue in a nearly $50 billion cash and stock deal. That would put Huggies, Kleenex, Band-Aid, Neutrogena and Tylenol all under one roof. It’s one of the biggest deals on Wall Street this year and a major move for Kimberly-Clark, ...
…Kimberly-Clark is buying Kenvue in a nearly $50 billion cash and stock deal…
Bigger picture - this is just part of a trend: big consumer brands are bulking up to handle rising costs and slower growth
This is not the bigger picture. The bigger picture is that late stage capitalism endorses the belief that it’s more financially efficient to stomp out competition and innovation as a mechanism for increased revenue and profit through random price increase. That the consumer suffers is the willingly embraced side effect.
This is not the bigger picture. The bigger picture is that late stage capitalism endorses the belief that it’s more financially efficient to stomp out competition and innovation as a mechanism for increased revenue and profit through random price increase. That the consumer suffers is the willingly embraced side effect.