UK watchdog probes $3.4 billion Suzano and Kimberly-Clark deal-March 2024-www.financetom.com

UK watchdog probes $3.4 billion Suzano and Kimberly-Clark deal

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UK watchdog probes $3.4 billion Suzano and Kimberly-Clark deal

Mar 27, 2026 3:52 AM

March 27 (Reuters) - Britain's competition watchdog said

on Friday it has opened a phase 1 investigation into a $3.4

billion joint venture between Brazilian pulp producer Suzano

and consumer goods giant Kimberly-Clark ( KMB ).

The Competition and Markets Authority (CMA) has a May 28

deadline to announce a decision from its phase 1 investigation.

(Reporting by Rishab Shaju in Bengaluru)

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