The European Commission has given the green light to Kimberly-Clark’s proposed acquisition of Kenvue, a deal valued at $40 billion. The approval follows an in-depth review to ensure the merger does not significantly reduce competition in the market. Regulators determined that the combined company would not stifle innovation or harm consumers in key sectors. The decision clears the way for one of the largest healthcare and hygiene industry consolidations in recent years.
EU approves Kimberly-Clark's $40 billion Kenvue acquisition Reuters
