Market Chatter: Kimberly-Clark Offers Concessions for EU Approval of $40 Billion Kenvue Deal
MT newswire2026/09/23 10:36Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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06:36 AM EDT, 09/23/2026 (MT Newswires) -- Kimberly-Clark (KMB) submitted remedies to address European Union antitrust concerns regarding its $40 billion purchase of Kenvue (KVUE), Reuters reported Wednesday, citing a European Commission filing. The European regulator extended its review deadline to Oct. 13 while it gathers feedback from industry rivals and customers, the news outlet reported. The company previously received conditional regulatory clearance in Australia and South Africa after agreeing to divest certain product lines, Reuters reported. Kimberly-Clark and Kenvue did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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