Kenvue stock steadies as Kimberly-Clark deal vote nears, with lawsuits in the mix
Kenvue shares slipped 0.1% to $17.58 early Wednesday as investors await a January 29 shareholder vote on Kimberly-Clark’s $40 billion acquisition offer. Lawsuits and proxy disputes have surfaced ahead of the vote. Kimberly-Clark shares traded at $101.44. ISS recommended approval but flagged litigation risks and tepid market reaction.