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EU approves Kimberly-Clark's acquisition of Kenvue, subject to conditions

EU approves Kimberly-Clark's acquisition of Kenvue, subject to conditions

- The European Commission on Tuesday approved Kimberly-Clark KMB.O's acquisition of Tylenol maker Kenvue KVUE.N after the maker of Kleenex tissues and Huggies diapers offered concessions to address EU antitrust concerns.

Kimberly-Clark offered to sell all its tampon and other feminine hygiene brands in the European Economic Area, the Commission, which act as the EU competition enforcer, said in a statement.

"The brands covered by the divestment are Kotex (including the Lidie sub-brand), Camelia, and Record", it said.


(Reporting by Charlotte Van Campenhout, Editing by Inti Landauro)

((Charlotte.VanCampenhout@thomsonreuters.com; X: @CVanCampenhout / bsky:@charlottevc.bsky.social;))

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