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Kimberly-Clark agreed to sell a 51% stake in its international Kleenex and tissue businesses outside North America to a new venture with Suzano SA, valuing the unit at $3.4 billion, with Suzano paying $1.73 billion in cash.
“Suzano will pay $1.73 billion in cash for a 51% stake in the new venture.”news.bloomberglaw.com
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