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Kenvue’s Options Limited by Trump Tylenol Claims, Considers Beauty Unit Sell-Off

According to sources familiar with the company, the American giant is considering divesting assets as it struggles with weakened customer demand and unproven claims from the US president that Tylenol could be linked to autism.
Kenvue logo is seen displayed on a smartphone screen
Kenvue owns a variety of well-known consumer health brands, including Neutrogena, Listerine, Johnson's, Band-Aid, and Aveeno. (Getty Images)

Tylenol maker

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Further Reading

Kenvue Settles Proxy Fight With Activist Starboard

The company appointed three new directors to its board, including Starboard Value CEO Jeffrey Smith, as part of an agreement to resolve a months-long dispute over the company’s performance in the skincare and beauty segment.

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