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The settlement in a class action against Kimberly-Clark Corp. alleging its flushable wipes weren’t flushable was rejected by the US Court of Appeals for the Second Circuit.
The international tissue business Kimberly-Clark is offering up generated about $3.3 billion in sales in 2024, the company said, valuing it currently at about $3.4 billion. The IFP segment has ...
Kimberly-Clark and Suzano did not immediately respond to requests for comments. Reuters had reported in April citing people with knowledge of the matter that along with Suzano, Southeast Asia's ...
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. Suzano will own 51 ...
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 KMB -1.02% 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 will contribute nearly all assets of its International Family Care and Professional business, which includes more than 40 regional brands and about 9,000 employees. Its five global ...
Kimberly-Clark is nearing a sale of its Kleenex and tissue businesses outside of North America to Brazilian pulp producer Suzano for ~$3.5B, The Wall Street Journal reported.
Kimberly will receive about $1.7 billion (representing 1 times sales) and will own 49% of the venture at close, slated for mid-2026.
(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 ...