Kimberly-Clark Deal With Kenvue Advances in EU Regulatory Review
Kimberly-Clark’s proposed $40 billion takeover of Kenvue has moved further through regulatory review. The EU filing seeks permission rather than approval, keeping the company’s expected second-half 2026 closing as a forecast. Management projects about $32 billion in annual revenue and eventual $2.1 billion in cost savings, but investors want proof the deal closes and efficiencies hold.