Lates News

In the early trading on Monday, the US stock market, Kimberly-Clark fell 12.7% and Kenvue surged 15.9%. Prior to this, Kimberly-Clark announced that they agreed to acquire Kenvue for $48.7 billion in cash and stock, in order to form a consumer goods giant with annual revenue of about $32 billion, aiming to achieve approximately $1.9 billion in cost synergies. The deal is expected to be completed in the second half of 2026.