Shares of Kimberly-Clark fell 2.1% to $135.53 after the announcement; U.S.-listed shares of Suzano climbed 3.9%. The S&P 500 and Nasdaq Composite were both down 0.2%. Write to Mackenzie Tatananni ...

Kimberly-Clark on Thursday struck a deal with Brazilian pulp maker Suzano to sell a majority stake in its international tissue business, valuing the business at about $3.4 billion, the Kleenex ...

Kimberly-Clark said Thursday that it agreed to create a new venture with Brazilian paper products firm Suzano. Suzano will own a 51% stake in the company's international tissue and paper products ...

One analyst suggested that Kimberly-Clark’s tissue business would be a better candidate to spin off. Kimberly-Clark Corp. is forming a joint venture with Suzano SA that will see it sell a ...

Suzano and Kimberly-Clark formed a $3.4 billion joint venture focused on international tissue products, with Suzano holding 51%. The JV will include 22 manufacturing facilities and 9,000 employees ...

Altria Is More Profitable But Kimberly-Clark Offers Lower Risk. Altria’s reported operating margin expanded from 52.1% in 2020 to 56% in 2023. In comparison, ...

Kimberly-Clark said it will voluntarily transfer its shares to the Nasdaq Global Select Market from the New York Stock Exchange. The maker of consumer staples including Kleenex tissues and Huggies ...