Kenvue Inc (NYSE: KVUE) opened about 20% higher this morning after Kimberly-Clark (NYSE: KMB) announced a $40 billion acquisition of the consumer health company. According to its press release, it will pay $3.50 per share for Kenvue in cash and the remainder in KMB stock – valuing the Summit-headquartered firm at a 50% premium versus its previous close. Kimberly-Clark shares, however, are down nearly 13% at writing, reflecting investor caution over integration risks and dilution. Still, a senior financial journalist and market news analyst...
Tuesday 4 November 2025
wn.com - 7 hours ago
Kenvue deal could double Kimberly-Clark stock’s multiple: find out more
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