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EU Conditionally Approves Kimberly-Clark's $40 Billion Kenvue Deal

Original: Kimberly-Clark, Kenvue Win Conditional EU Approval for $40 Billion Tie-Up

Kimberly-Clark and Kenvue have secured conditional approval from the European Union for their roughly $40 billion merger, clearing a key regulatory hurdle for one of the largest consumer-health and household-products deals in years. The conditions attached by Brussels are expected to address competition concerns before the tie-up can be completed.

Why now: EU regulators just issued their conditional clearance for a major $40 billion merger, making the deal's conditions and timeline news.

Kimberly-ClarkKenvueEuropean Union

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