Kimberly-Clark announced a cash and stock acquisition of Kenvue, valued at approximately $48.7 billion.
Upon completion, Kimberly-Clark shareholders will own about 54% of the combined company, while Kenvue shareholders will hold 46%.
The merger brings together popular consumer brands, including:
“We will serve billions of consumers across every stage of life,” said Kimberly-Clark Chairman and CEO Mike Hsu.
The takeover is one of the largest corporate deals announced in 2025. Mike Hsu will lead as chairman and CEO of the merged company, with three Kenvue board members joining Kimberly-Clark’s board upon closing.
Author's summary: Kimberly-Clark acquires Kenvue for $48.7 billion.