Mergers & AcquisitionsMedium•13 October 2026•
1 min read
EU Grants Conditional Approval for $40B Kimberly-Clark and Kenvue Merger
Key Facts
1The European Commission granted conditional approval for the $40 billion merger between Kimberly-Clark and Kenvue.
2The approval requires addressing competition concerns in the tampon markets of Czechia, Estonia, and Slovakia.
The European Commission granted conditional approval for the $40 billion merger between Kimberly-Clark and Kenvue. The Wall Street Journal reported that the approval requires the companies to address specific competition concerns within the tampon markets of Czechia, Estonia, and Slovakia.
This regulatory milestone follows the market close on October 12, 2026, where KMB stock closed at $98.77 and KVUE stock closed at $17.83. The tie-up aims to consolidate the entities' operations while adhering to the European Commission's mandated remedies to ensure market competitiveness in Eastern Europe.