Business
Kimberly-Clark to Acquire Kenvue, Creating a $32 Billion Global Health and Wellness Leader
Kimberly-Clark Corporation (NASDAQ: KMB), a global personal care leader, and Kenvue Inc. (NYSE: KVUE), a global consumer health leader, today announced an agreement under which Kimberly-Clark will acquire all of the outstanding shares of Kenvue common stock in a cash and stock transaction that values Kenvue at an enterprise value of approximately $48.7 billion, based on the closing price of Kimberly-Clark common stock on October 31, 2025. The total consideration represents an acquisition multipl
About this update from Kimberly-clark Corporation
[{"type":"text","content":"Combines Highly Complementary and Strategically Aligned Consumer Offerings, Including 10 Iconic Billion-Dollar Brands, That Will Provide Preferred Solutions Through Every Stage of Life","length":184,"tagName":"p","attribs":{}},{"type":"text","content":"Applies Kimberly-Clark's Proven Commercial Execution Playbook to Create a Best-in-Class Consumer-Driven Company","length":120,"tagName":"p","attribs":{}},{"type":"text","content":"Accelerates Kenvue's Premier Consumer Health Portfolio and Strong Science-Backed Innovation, Supported by Talented Kenvue Team","length":130,"tagName":"p","attribs":{}},{"type":"text","content":"Enhances Investment in Marketing, Innovation and R&D Capabilities to Strengthen Combined Company's Unique Advantages","length":129,"tagName":"p","attribs":{}},{"type":"text","content":"Total Anticipated Run-Rate Synergies of $2.1 Billion; Expected to Be Accretive to Kimberly-Clark's Adjusted EPS By Year 2","length":130,"tagName":"p","attribs":{}},{"type":"text","content":"Delivers Immediate Upfront Value to Kenvue Shareholders, with Opportunity to Participate in Significant Future Upside from Combined Value Creation","length":147,"tagName":"p","attribs":{}},{"type":"text","content":"Companies to Host Joint Investor Conference Call Today at 8:00 AM ET","length":68,"tagName":"p","attribs":{}},{"type":"text","content":"DALLAS and SUMMIT, N.J., Nov. 3, 2025 /PRNewswire/ -- Kimberly-Clark Corporation (NASDAQ: KMB), a global personal care leader, and Kenvue Inc. (NYSE: KVUE), a global consumer health leader, today announced an agreement under which Kimberly-Clark will acquire all of the outstanding shares of Kenvue common stock in a cash and stock transaction that values Kenvue at an enterprise value of approximately $48.7 billion, based on the closing price of Kimberly-Clark common stock on October 31, 2025. The total consideration represents an acquisition multiple of approximately 14.3x Kenvue's LTM adjusted EBITDA1 or 8.8x including expected run-rate synergies of $2.1 billion, net of reinvestment.","length":701,"tagName":"p"},{"type":"image","alt":"Kimberly-Clark Corporation","displaySize":"","headline":null,"caption":"Kimberly-Clark Corporation","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":100,"url":"https://media.zenfs.com/en/prnew...