Reported 1 day ago
Kimberly-Clark Corp.'s potential sale of its international tissue business is drawing attention from firms like Royal Golden Eagle, Suzano, and Asia Pulp & Paper, with the unit valued at approximately $4 billion. The sale discussions are ongoing, and while representatives have refrained from commenting, Kimberly-Clark is reevaluating its tissue operations following a recent dip in its sales forecast and a 12% drop in share value.
Source: YAHOO