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Story summary
- Kimberly-Clark pursues a $40 billion acquisition of Kenvue, naming leadership for a second-half 2026 closure.
- CEO Mike Hsu will lead the combined company, operating in four geographic units: North America, Asia Pacific Focus Markets, EMEA, and Enterprise Markets.
- The merger aims to sharpen strategic control and integration.
- Kimberly-Clark reported Q4 earnings per share of $1.86, above expectations, as revenue fell short.
- A California distribution center fire caused no injuries.
