EU Approves Kimberly-Clark’s Kenvue Acquisition Subject to Conditions
The European Commission approved the acquisition after Kimberly-Clark offered concessions to address EU antitrust concerns.
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02:25:25 PM UTC
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By Edith HancockKimberly-Clark's $40 billion bid for Tylenol maker Kenvue won approval from the European Union after Kimberly-Clark offered to divest its tampon and feminine hygiene brands in the European Economic Area.The European Commission--the EU's executive arm--said Tuesday that the sale full…
Kimberly-Clark offered to sell all its tampon and other feminine hygiene…