Suzano, the world’s largest pulp producer, and Kimberly-Clark, a global leader in the consumer staples industry, today announced the creation of a US$3.4 billion joint venture focused on the ...

DALLAS, July 8, 2025 /PRNewswire/ -- Kimberly-Clark (NASDAQ: KMB) will issue its second quarter 2025 results on Friday, August 1. A press release and supplemental materials will be issued at ...

Kimberly-Clark Corp. has agreed to sell a majority stake in its global Kleenex and tissue businesses outside of North America to a newly-formed venture with Brazilian pulp supplier Suzano SA.

Kimberly-Clark on Thursday announced a partnership with Brazilian pulp and paper producer Suzano to split ownership of Kimberly-Clark's international tissue and paper products business.

The joint venture agreement includes provisions for management and operation, as well as a call option for Suzano to potentially acquire the remaining stake held by Kimberly-Clark in the future.

Kimberly-Clark will own a 49% interest in the new venture, which will include substantially all the assets of its International Family Care and Professional business, and Suzano will own 51%.

Suzano S.A. and Kimberly-Clark Corporation announced a $3.4 billion joint venture to create an international tissue company.

(Reuters) -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 ...

(Reuters) -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 ...

Kimberly-Clark will receive meaningful upfront cash proceeds that it expects to return to shareholders through share repurchases following the close of the transaction. Improves cost management.

Forward-Looking Statements This press release contains certain forward-looking statements concerning Kimberly-Clark and the proposed transaction with Suzano to acquire an interest in the IFP business.

Kimberly-Clark KMB 0.07% 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 ...