Ansell will acquire from Kimberly-Clark a business that designs, markets and sells gloves, eyewear and other apparel

Kimberly-Clark KMB -0.21%decrease; red down pointing triangle will sell its personal protective equipment business to Ansell ANN -1.97%decrease; red down pointing triangle for US$640 million in cash, agreeing to a deal that the Australian company’s chief executive said had been under consideration for years.