Kimberly-Clark readies US$1.9B reorganization to integrate Kenvue
Kimberly-Clark plans to reorganize its operations as it moves toward integrating Kenvue. The company expects to simplify the operating model and capture about US$1.9 billion in cost synergies over three years after the deal closes, with 40% in year one, 40% in year two and 20% in year three, plus around US$500 million in revenue synergies offset by reinvestments to support growth.