Kimberly-Clark Corporation and Kenvue Inc. announced that shareholders of both companies have overwhelmingly approved all proposals required for Kimberly-Clark’s acquisition of Kenvue, marking a key milestone in the creation of a global health and wellness leader. The approvals were obtained at separate special shareholder meetings held on January 29, 2026.

Based on preliminary results, around 96 percent of the shares present at Kimberly-Clark’s special meeting voted in favor of issuing Kimberly-Clark shares for the transaction, while approximately 99 percent of the shares voted at Kenvue’s meeting approved the merger agreement, representing about 77 percent of Kenvue’s total outstanding shares. Final voting results will be formally filed with the U.S. Securities and Exchange Commission.

Company executives from both sides highlighted the strategic rationale of the deal, emphasizing expanded growth opportunities, accelerated innovation, and the ability to broaden access to trusted consumer health and personal care brands worldwide. The transaction is expected to close in the second half of 2026, subject to regulatory approvals and customary closing conditions.

Source: PR Newswire