Kimberly-Clark in $3.4 Billion Deal to Sell International Tissue Business - Barron's
1. KMB partners with Suzano to launch a global tissue company. 2. Kimberly-Clark will hold a 49% stake in the venture. 3. Suzano to pay $1.7 billion for majority ownership. 4. Stock buybacks planned using upfront cash proceeds. 5. Shift towards higher growth personal care segments anticipated by 2026.