K-C Completes Kenvue Merger, Replaces Board and Assumes $7 Billion of Debt
Filed with the SEC on · Summarized by InvestorsBot
K-C completed its merger with Kenvue on November 2, 2026, making Kenvue’s surviving entity a direct wholly owned subsidiary and causing all 12 pre-merger directors to resign. The new entity assumed Kenvue’s obligations on approximately $7 billion of outstanding senior notes due from 2028 through 2063; Kenvue General Counsel Matthew Orlando also received a tax-gross-up agreement capped at $8 million.