We recently published Wall Street can’t keep up with these 10 incredible stocks. 6th place, new record achieved. Kenvue Inc. (NYSE:KVUE) was one of the best performing companies on Monday.
Kenvue’s shares rose 12.32% on Monday, closing at $16.14 per share as investors filled their portfolios following news that Kimberly-Clark was planning to acquire the company for $48.7 billion.
In a statement, Kimberly-Clark said it has entered into an agreement with Kenvue Inc. (NYSE:KVUE) to acquire all of its outstanding shares in a cash-and-stock transaction.
Under the agreement, each shareholder of Kenvue Inc. (NYSE:KVUE) will receive $3.50 per share in cash and 0.14625 shares of Kimberly-Clark stock, for total consideration for Kenvue shareholders of $21.01 per share based on the closing price of Kimberly-Clark stock as of October 31, 2025.
Upon completion of the merger, current Kimberly-Clark shareholders are expected to own approximately 54% of the shares on a fully diluted basis, and current Kenvue shareholders are expected to own approximately 46% of the combined company.
Larry Merlo, Chairman of Kenvue Inc. (NYSE:KVUE), said, “Following our Board’s comprehensive review of strategic alternatives to Kenvue, we are pleased to have entered into this agreement with Kimberly-Clark, which provides significant initial value and substantial upside potential for our shareholders through ownership of the combined company. The combination of Kenvue and Kimberly-Clark creates a uniquely positioned global leader in consumer health and will create broader new growth opportunities going forward.” said the Chairman of Kenvue Inc. (NYSE:KVUE).
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Please read: 30 stocks that will double in 3 years and 11 hidden AI stocks to buy right now.
Disclosure: None. This article was originally published at: insider monkey.
