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Kimberly-Clark offers bonds to help fund Tylenol maker takeover. Kimberly-Clark Corp. is looking to help fund its pending acquisition of Kenvue Inc. as it aims to rival Unilever PLC Bloomberg News Brian Smith and Ying Luthra Published Oct 19, 2026 Kimberly-Clark Corp. is selling investment-grade bonds in as many as five parts to help fund its pending acquisition of Tylenol maker Kenvue Inc. The consumer-goods company is offering notes in as many as five parts with maturities of two to 10 years, according to a person with knowledge of the matter, who asked not to be identified because the details are private. Initial price discussions for the longest tenor involve a premium of about one percentage point above U.S. Treasuries, the person added. Story continues below This advertisement has not loaded yet, but your article continues below. Kimberly-Clark held investor calls on Friday, amid a turbulent period for markets. Numerous companies held off on bringing high-grade bond sales last week as Treasury yields swung sharply on stronger-than-expected U.S. inflation data and worries about the artificial-intelligence trade. Canada's best source for investing news, analysis and insight. Interested in more newsletters? Browse here. The Kleenex maker's third-quarter report is due on Nov. 5. Companies typically don't issue bonds in the roughly two-week period before disclosing results. JPMorgan Chase & Co. provided US$7.7 billion in bridge financing late last year to help fund the acquisition. The bond sale is expected to replace that temporary borrowing facility. Other banks managing the bond sale are Citigroup Inc. and Morgan Stanley, the person said. The largely-stock acquisition, expected to close by the end of the year, is currently valued at about US$36 billion. Compensation is set to include US$6.7 billion of cash that would in part come from new debt sales, Kimberly-Clark has previously said. Kenvue has struggled financially since being spun off from Johnson & Johnson in 2023, and the company found itself battling with the Trump administration last year over the safety of its biggest product, Tylenol. Its portfolio also includes Neutrogena lotion, Listerine mouthwash, Benadryl allergy medicine and Band-Aid wound care products. Kimberly-Clark said when the combination was announced last year that buying Kenvue would create a company with US$32 billion in revenue and allow it to surpass Unilever PLC to become the second-biggest seller of health and wellness products after Procter & Gamble Co.

New Knorr range offers air fryer cooks flavour inspiration. Published: 16 October 2026 As home cooks increasingly turn to air fryers to save time, they're looking for new and inspiring ways to add flavour and variety to everyday meals. Knorr is tapping into this cultural and culinary shift to boost brand relevance and drive growth. The use of air fryers has transformed from a niche curiosity into one of the fastest-growing global cooking methods of the past decade. According to research from Knorr, 87% of air fryer owners in the UK use theirs weekly and 57% for three or more main meals a week. Europe in particular is emerging as a key growth market, with the category expected to generate over €2 billion in annual sales by 2030.[[a]] With such a big growth opportunity, the Unilever Foods Power Brand Knorr has launched a dedicated product range to help home cooks achieve flavour-rich meals with minimal effort. Introducing Knorr's air fryer seasonings and coatings. Knorr's new Air Fryer Meal Mixes line offers seasonings and crispy coatings developed specifically for air fryers to deliver delicious results. All nine mixes are based on consumer insights and flavour trends reflecting the most popular air fryer meals across launch markets Germany, Poland, the Netherlands, Belgium and France. "By bringing together the culinary expertise of our own chefs and deep consumer insights, we've developed products that work perfectly in the air fryer, helping people create flavourful, crispy and satisfying dishes with ease," explains Joanny Lijbers, VP, Cooking Aids & Marketing Transformation, Unilever Foods, Europe. "It's all about giving consumers the confidence to try something new while delivering the great taste they expect from Knorr." An innovative foods x tech partnership. Unilever Foods and Versuni, the makers of Philips air fryers, have joined forces to help people get even more from their cooking. In a multi-year, multi-market collaboration, Knorr is bringing its culinary expertise together with Versuni's innovative technology, including its category-leading SteamFry functionality. Through co-created recipes, optimised products and cooking guidance as well as joint activations in retailers, on apps and across social media, the partnership aims to make air fryer cooking more inspiring and accessible. Knorr's deep understanding of flavour and how people cook across cultures and markets dovetails perfectly with this shift in cooking behaviour. Air fryer meals depend on seasonings, coatings, marinades and texture-driven blends, all of which are Knorr's core strengths. The brand's innovation pipeline is built on consumer and chef insight work, testing formats, understanding pain points and identifying ways to deliver superior results. "Consumers aren't just using air fryers to cook faster, they're using them to cook differently," says Joanny. "The air fryer has opened up a whole new world of tasty possibilities. It's a tool for creativity, helping people discover new recipes and experiment with different dishes. "Across markets, air fryer adoption is already widespread and rising rapidly, offering a rare household platform on which brands can build penetration and cultural relevance. As more people embrace this way of cooking, it represents a huge opportunity for Knorr." Why are air fryers so popular? The increasing pace of air fryer ownership illustrates the sheer scale of the shift. By 2030, the UK is expected to generate €313 million[[a]] in annual air fryer sales, making it the fifth-largest market globally, with Germany close behind at €308 million. Air fryers deliver exactly what home cooks want in terms of speed and convenience, with users estimating they save an average of 19 minutes per meal, equivalent to around 1.5 hours across a typical working week. But convenience alone doesn't solve every weekday cooking challenge. Lack of inspiration is one of the biggest barriers home cooks cited (31%), second only to lack of time. People consistently struggle with blandness or uneven flavour as well as over- or under-cooking, lack of clear guidance and not knowing which seasonings or coatings are best to use. More than a third of air fryer owners already use seasoning blends or stock-based flavourings to upgrade their meals, with similar numbers using sauces, dressings or marinades. Among those, 60% say they use seasoning blends more often, 70% use crispy coatings more often and 53% use marinades more often than before cooking with the appliance. At the same time, 86% of people in multi-person households say that weekday meals are important for spending quality time together. For Knorr, that makes the air fryer more than a convenience appliance, it's a platform to unlock flavour-led solutions, helping people to create easier, tastier and more enjoyable meals during the week. Frequently asked questions. (1, 2) Source: Statista (2026) Air Fryers - United Kingdom | Statista market forecast. Retrieved 8 October 2026 from https://www.statista.com/outlook/cmo/household-appliances/small-appliances/air-fryers/europe/?currency=EUR.

Senator Elizabeth Warren, a Massachusetts Democrat, has warned that McCormick's proposed $45 billion merger with Unilever's foods business could raise grocery prices. The deal would combine brands such as Cholula, Frank's RedHot, Hellmann's, and Knorr. Online users mocked her "Big Condiment" warning. In an October 6 letter to the Justice Department and Federal Trade Commission, Warren urged regulators to scrutinise the deal, along with two other proposed food-industry mergers. She argued it could reduce competition for shoppers' spending and retailers' shelf space, leaving consumers with fewer choices. Announced in March, the deal is expected to close by mid-2027, subject to regulatory and shareholder approvals.