m_and_a
confidence high
sentiment positive
materiality 0.85
Kimberly-Clark to sell 51% of IFP business to Suzano for ~$1.7B
KIMBERLY CLARK CORP
- IFP contributed ~$3.3B net sales in 2024; 22 plants, ~9,000 employees, 70+ countries.
- KMB retains 49% stake; Suzano gets call option on remaining stake under agreed framework.
- Deal expected to close mid-2026; first-full-year diluted EPS by $0.30–0.40.
- KMB expects to return net cash proceeds to shareholders via share repurchases.
- Sharpen focus on higher-growth personal care and North America tissue categories.
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