Kimberly-Clark/Kenvue Set to Win EU Conditional Clearance
7 Articles
7 Articles
The European Commission authorizes the purchase of Kenvue by Kimberly-Clark, conditional on the sale of female hygiene brands to avoid monopolies.Dilek, a Turkish company, will acquire these brands, ensuring competition in the European market.The transaction is valued at 48.7 billion dollars.
The European Commission approved on Tuesday (13) the acquisition of the Tylenol manufacturer Kenvue by Kimberly-Clark, after the manufacturer of Kleenex paper sheets and Huggie diapers offering concessions to resolve competition concerns of the European Union. Kimberly-Clark undertook to sell all its brands of internal absorbents and other female hygiene products in the European Economic Area, informed the European Commission, the body responsib…
(Teleborsa) - The European Commission has approved, under the EU Merger Regulation, the acquisition of Kenvue by Kimberly-Clark, subjecting the green light to full compliance with commitments...
The European Commission has given its approval this Tuesday to the purchase of the American manufacturer of health and care products like Listerine or Tylenol, Kenvue, by the also American Kimberly-Clark, owner of other brands such as Kleenex and Scottex; although it conditions its green light on the buyer to give up its business [...] The entry Brussels authorizes with conditions the purchase of the manufacturer Listerine and Tylenol by Kimberl…
With Kenvue, Kimberly-Clark, among other things, takes over the tampon manufacturer o.b. and the slip deposits of the Carefree brand. The EU Commission sees the risk of rising prices as a result of the merger. A buyer for the division has already been found.
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