Kimberly-Clark has formally requested regulatory approval from the European Union for its proposed $40 billion acquisition of Kenvue, marking a significant step in the company’s push to finalize the deal. The merger would create one of the world’s largest consumer health and hygiene firms, combining brands like Huggies and Kotex with Kenvue’s portfolio of products. Authorities are now reviewing the transaction to assess potential competition concerns and market impact. The outcome of this approval process could shape the future of the global consumer goods industry.
Kimberly-Clark seeks EU approval for $40 billion Kenvue deal Reuters
