Under the terms of the agreement, Kimberly-Clark will hold a 49% stake in the new venture, which will include all the assets of its International Family Care and Professional busi

Kimberly-Clark Corp. is forming a joint venture with Suzano SA that will see it sell a majority stake in its global Kleenex and tissue businesses outside

Kimberly-Clark struck a more than $3 billion deal for its Kleenex and tissue businesses outside of North America as the maker of Scott toilet paper and Huggies diapers aims to focus on more profitable areas.