Australia clears Kimberly-Clark's acquisition of Kenvue

The Manila Times 22 h Philippines

AUSTRALIA’S competition regulator on Wednesday approved Kimberly-Clark’s proposed $40-billion takeover of Kenvue, on condition the company divests Kenvue’s Carefree and Stayfree period care brands in the country to address competition concerns. The Australian Competition and Consumer Commission (ACCC) said the period care brands should be divested to an approved purchaser. The re

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