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UK watchdog clears Suzano, Kimberly-Clark $3.4 billion joint venture

Summary by Reuters
Britain's competition ​watchdog said ‌on Thursday ​it ​would not refer ⁠the ​proposed $3.4 billion ​joint venture between Brazilian ​pulp ​producer Suzano and ‌consumer ⁠goods giant Kimberly-Clark ​for ​a ⁠Phase 2 ​investigation.

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Kimberly-Clark announced in June that it had reached an agreement to create a joint venture, through which it would sell most of its international tissue division to Suzano.

·Brazil
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Reuters broke the news in New York, United States on Thursday, May 28, 2026.
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