Reuters
02 Sept 2026, 01:23 UTC · 2h ago
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Australia's competition regulator approved Kimberly-Clark's $40 billion takeover of Kenvue. — Regulatory approval removes a primary hurdle for the completion of a major multi-billion dollar acquisition.
+0.60The approval is conditional upon Kimberly-Clark divesting Kenvue's Carefree and Stayfree brands in Australia. — Forced divestitures reduce the total asset value and synergy potential of the acquisition.
-0.20Which stocks this story touches
The company received regulatory approval for its $40 billion acquisition of Kenvue.
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The company is being acquired in a multi-billion dollar deal approved by Australian regulators.
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