Suzano is expected to pay more than $1.7 billion for the remaining 51% majority stake. Kimberly-Clark said it plans to return those upfront cash proceeds to shareholders through stock buybacks.

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 ...

Key Takeaways 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 ...

Kimberly-Clark KMB -0.30% struck a more than $3 billion deal for its Kleenex and tissue businesses outside of North America as the maker of Scott toilet paper and Huggies diapers aims to focus on ...

Kimberly-Clark Corp. is forming a joint venture with Suzano SA that will see it sell a majority stake in its global Kleenex and tissue businesses outside of North America to the Brazilian pulp ...

SUZ rolls up $3.4 billion in a tissue deal with Kimberly-Clark Corporation KMB . São Paulo, Brazil-based Suzano will pay Kimberly-Clark $1.734 billion in cash for its stake in the joint venture.

Kimberly-Clark is nearing a sale of its Kleenex and tissue businesses outside of North America for around $3.5 billion to Brazilian pulpmaker Suzano , the Wall Street Journal reported, citing ...

Kimberly-Clark Corporation (NASDAQ:KMB) confirmed on Thursday that it entered into an agreement with Suzano S.A. (SUZ) to form a strategic partnership to create an international tissue and ...

Kimberly-Clark expects that its common stock will cease trading on the NYSE at market close on Thursday, May 29, 2025, and will commence trading on Nasdaq on Friday, May 30, 2025. Kimberly-Clark ...

Kimberly-Clark plans $130M expansion in Mobile, adds 29 jobs by: Pat O'Donnell Posted: Jun 2, 2025 / 04:14 PM CDT Updated: Jun 2, 2025 / 04:18 PM CDT ...