Kimberly-Clark Stock News

Dividend Kings like Kimberly-Clark (KMB) and Procter & Gamble (PG) demonstrate financial resilience by increasing dividends for over 50 years, with recent restructurings aimed at enhancing profitability.

Kimberly-Clark announced Thursday that it has reached an agreement with Brazilian pulp manufacturer Suzano to sell a controlling stake in its worldwide tissue business, valuing it at $3.4 billion.

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

Brazilian pulp and paper maker Suzano will hold a majority stake in a new venture.

Kimberly-Clark will sell its international tissue business in a deal valued at about $3.4 billion, including debt, to Brazilian pulp maker Suzano , the Kleenex tissue maker said on Thursday.

Forms Strategic Partnership with Suzano That Will Create Preeminent International Tissue and Professional Products Company Sharpens Kimberly-Clark's Focus on Higher Growth, Higher Margin Personal Care and North America Tissue and Professional Categories  Clears Path to Capture Huge Opportunities Across Kimberly-Clark and Newly Formed Venture to Drive Significant Shareholder Returns DALLAS and S...

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 people familiar with the matter.

The maker of Kleenex tissues and Huggies Diapers is expected to sell the unit to Brazil's Suzano