Kimberly-Clark, Starbucks Push Deal Boom Toward $4 Trillion (2)

Dealmakers inked mergers and acquisitions worth more than $80 billion on Monday as they hurtle toward their second best year on record.

Leading the latest haul is Kimberly-Clark Corp., which has agreed to buy struggling Tylenol maker Kenvue Inc. for roughly $40 billion. Kimberly-Clark said the tie-up would allow it to overtake Unilever Plc and become the second-biggest seller of health and wellness products after Procter & Gamble Co.

Investment bankers have bounced back from a rocky start to 2025 and are now well on course for their best year since 2021, data compiled by Bloomberg show. They’re ...