takasuu/iStock via Getty Images
- Institutional Shareholder Services has recommended that shareholders approve Kimberly-Clark’s (KMB) proposed ~$49B acquisition of Kenvue (KVUE) that was announced in November.
- ISS said that the combination would provide important synergies and benefits for Kimberly-Clark’s strategic goals, Reuters reported.
- Shareholders will vote on the proposed deal on Jan. 29.