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Kimberly-Clark weighs asset sales amid EU review of Kenvue deal
x/the-european-union
— 4d
Kimberly-Clark is preparing asset sales and concessions to address European Union antitrust concerns over its roughly $40 billion bid for Kenvue, with the EU expected to formally outline objections during the preliminary review and push for remedies that could include divesting overlapping brands. The move signals the transaction is moving into the regulator’s scrutiny phase and aims to secure conditional approval to close the deal.
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ACCC clears $40 billion Kimberly-Clark Kenvue deal after period-care brand sale
x/kimberly-clark
— Sep 2, 2026
Australia’s competition regulator cleared Kimberly-Clark’s proposed $40 billion takeover of Kenvue on the condition that Carefree and Stayfree brand divestitures occur in Australia to preserve competition in the period-care market, a move aligned with similar conditions from New Zealand. The ACCC said the divestiture would maintain an independent competitor and prevent a substantial reduction in competition as the deal proceeds under Australia’s enhanced merger regime.
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Priya Raman
Curious who ends up buying Carefree and Stayfree, hope it's someone who keeps prices competitive not just a shell deal.
