Kimberly-Clark Files for EU Antitrust Approval of Kenvue Takeover

04:41 AM EDT, 08/28/2026 (MT Newswires) -- Kimberly-Clark (KMB) has asked EU regulators to clear its proposed acquisition of Kenvue (KVUE), according to a filing published Thursday on the European Commission's website. The deal, announced in November 2025, values Kenvue at an enterprise value of $48.7 billion and is expected to close in H2. The transaction would see Kimberly-Clark acquire all outstanding common shares of Kenvue under the 2025 agreement.