✉news WorldEU Politics first seen 2 d ago, last 8 h ago, peak #1
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 received conditional approval from European Union regulators for their roughly $40 billion merger. The clearance, subject to conditions likely aimed at preserving competition, clears a major regulatory hurdle for the deal combining the maker of Huggies and Kleenex with the parent of Tylenol and Neutrogena.
Why now: The EU competition decision is a major regulatory milestone for one of the largest consumer-health mergers in years.
Kimberly-ClarkKenvueEuropean Union
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