Kimberly-Clark Completes Acquisition of Kenvue

10:00 AM EST, 11/02/2026 (MT Newswires) -- Kimberly-Clark (KMB) said Monday it has completed its acquisition of Kenvue (KVUE). Under the deal terms, Kenvue shareholders will receive $3.50 in cash and 0.14625 shares of Kimberly-Clark common stock for each Kenvue share held. Shares of Kenvue's common stock ceased trading at the market opening Monday on the New York Stock Exchange, Kimberly-Clark said. The acquisition was announced as valuing Kenvue at about $48.7 billion on an enterprise basis, according to an earlier statement. Run-rate synergies are projected at about $2.1 billion, Kimberly-Clark said. This includes $1.9 billion in cost synergies expected in the first three years after closing and roughly $500 million in incremental profit from revenue synergies, partially offset by about $300 million in reinvestment, expected within four years after closing. Three members of Kenvue's board have joined the Kimberly-Clark board, bringing the total to 13 directors, according to a statement. Price: 111.23, Change: +3.29, Percent Change: +3.05