Tylenol’s parent company will combine with the maker of Huggies in a $48.7 billion mega

New York (CNN) — Huggies maker Kimberly-Clark announced Monday it will buy Tylenol’s parent company Kenvue in a nearly $50 billion deal, creating a massive consumer products conglomerate.

The merger is the latest in a recent dealmaking explosion, signaling the Trump administration’s openness toward corporate acquisitions. But it also represents a gamble that one of Kenvue’s signature products will be able to withstand increased scrutiny.

The acquisition comes a few weeks after President Donald Trump made unfounded claims linking autism to Tylenol use during pregnancy, sending Kenvue’s stock sharply lower. The company has staunchly pushed back against his administration’s accusations.

The companies said that the combined business will bring together 10 billion-dollar brands and will