Mergers & Acquisitions ·
Kimberly-Clark completes acquisition of Kenvue for $3.50 cash and 0.14625 shares, creating global consumer health leader
KMBKimberly Clark Corp
Kimberly-Clark completed its previously announced acquisition of Kenvue on November 2, 2026, merging the two companies to form a preeminent global consumer health and wellness leader with combined annual sales of approximately $31.6 billion. Kenvue shareholders received $3.50 in cash and 0.14625 shares of Kimberly-Clark common stock for each share held. The transaction includes three new directors from Kenvue joining the board, while three existing directors resigned to make room for them. Kimberly-Clark also approved a $3.1 billion integration program aimed at achieving $2.1 billion in run-rate synergies by 2030 and granted one-time stock option awards valued up to $6.6 million to executive officers. The company operates in the consumer health, personal care, and wellness industry.