Kimberly-Clark Close to Selling International Tissue Business for $3.5 Billion

Kimberly-Clark is nearing a deal to sell its international tissue business for approximately $3.5 billion to Suzano, a Brazilian company. This exclusive sale would include operations outside the U.S. and Canada, allowing Kimberly-Clark to focus on its core markets. The transaction reflects the company’s strategy to streamline its portfolio and concentrate on higher-growth opportunities. If finalized, this deal will mark one of the largest divestitures in Kimberly-Clark’s history.
— new from WSJ

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