Kimberly-Clark's acquisition of Kenvue approved subject to sale of Carefree and Stayfree brands

2 September 2026MediumACCCMedia release

The ACCC cleared Kimberly-Clark's acquisition of Kenvue on condition it divests the Carefree and Stayfree brands. It shows the new merger regime is producing conditional, remedy-based outcomes rather than simple approvals.

What it means for business

It may be worth planning for divestment remedies as a realistic outcome when structuring an acquisition in a concentrated market.

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