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Kimberly-Clark sells majority stake in international tissue unit

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Kleenex maker Kimberly-Clark sells reached a deal to sell a majority stake in its international tissue unit.

Brazilian pulp maker Suzano is buying the 51% stake for roughly $1.7 billion. The deal is expected to close in mid-2026.

Suzano will reportedly have future options to buy Kimberly-Clark’s ownership interest.

Read more from CNBC.

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