Kimberly-Clark Draws on Kraft M&A Strategy for Kenvue Deal -- Market Talk

Dow Jones12-04

1422 ET - Kimberly-Clark executives are leaning on their M&A experience at Kraft Foods as they look to execute a $40 billion acquisition of Kenvue. CEO Michael Hsu, CFO Nelson Urdaneta, and Head of Investor Relations Chris Jakubik--all Kraft alumni--say they are using a "plug-and-play" approach developed at Kraft that leans on the acquiring company's management practices. "The backbone of that was a really good management system that people could plug into or you could plug businesses in, like Cadbury, and then unplug from," Hsu says at the Morgan Stanley Global Consumer and Retail Conference, adding that he's worked to build up similar systems at Kimberly-Clark.(elias.schisgall@wsj.com)

(END) Dow Jones Newswires

December 03, 2025 14:22 ET (19:22 GMT)

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