Streetbeat News

ANSLY

Ansell Ltd.

https://www.ansell.com/

CEO

Magnus Nicolin

Employees

11,317

Industry

Apparel Accessories and Other Apparel Manufacturing

Open

84.10

Mkt cap

3.1B

Volume

High

85.25

P/E Ratio

36.12

52-wk high

85.25

Low

84.10

Div yield

0.02

52-wk low

53.43

Ansell (OTC:ANSLY) has agreed to acquire Kimberly-Clark Corp's (NYSE:KMB) personal protective equipment business for $640 million, aiming to enhance its product portfolio in clean room applications and scientific verticals. The acquisition, expected to complete by September 2024, includes the Kimtech and KleenGuard brands, expanding Ansell's offerings in gloves, protective apparel, chemical protective clothing, and safety eyewear. The deal is subject to antitrust approval and customary closing conditions. KMB shares closed slightly lower following the announcement.

Portfolio Pulse from Shivani Kumaresan

April 08, 2024 | 12:26 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.