Suzano S.A. SUZ and Kimberly-Clark Corporation KMB announced that they would create a $3.4-billion joint venture that will manufacture consumer and professional tissue products.

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 ...

Investing.com -- Kimberly-Clark (NYSE: KMB), a multinational personal care corporation, has entered into a strategic partnership with Suzano, a Brazilian pulp and paper company. The partnership aims ...

Investing.com -- Kimberly-Clark (NYSE: KMB), a multinational personal care corporation, has entered into a strategic partnership with Suzano, a Brazilian pulp and paper 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 ...

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 ...

Kimberly-Clark is spinning off Kleenex and other products in its tissue unit outside the US into a $3bn joint venture and selling a majority stake to Brazilian pulp manufacturer Suzano. The São ...

The Consumer Tissue segment provides facial and bathroom tissues, paper towels, napkins, and related products under the brands Kleenex, Scott, Cottonelle, Viva, Andrex, Scottex, Neve, and others.

Kimberly-Clark isn't at the top of its game and hasn't been for several years now. However, the company does have some key factors going for it that could appeal to risk-averse investors.