EU clears Suzano 3.4 billion dollar Kimberly-Clark deal
The European Commission approved Suzano's acquisition of a majority stake in Kimberly-Clark's tissue business. The deal remains under review by UK regulators.
Xurve View
Insights:
Xurve View
Suzano secured unconditional EU antitrust approval to acquire a 51% stake in the international tissue business of Kimberly-Clark for $3.4 billion. The deal, first announced in June 2024, includes global brands such as Kleenex. The approval clears a major regulatory hurdle for the world's largest pulp maker to expand into consumer goods.
