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Kimberly-Clark to spin off Kleenex and other tissue products outside US
Kimberly-Clark, the supplier of paper-based consumer staples, will receive a cash infusion as it restructures to cut costs and expand its US manufacturing capacity. For Suzano, the deal gives it an international platform to expand further into products that use its pulp output.
Dividend Kings are companies that have increased their dividends for at least 50 consecutive years, a testament to their ...
The combined company will help alleviate volatile input costs sparked by recent tariffs, the Kleenex tissue maker said.
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