Kimberly-Clark's $4 Billion International Tissue Unit Set for Three-Way M&A Fight

Reuters (04/24/25) Wu, Kane; Ngui, Yantoultra; Magalhaes, Luciana Novaes

Southeast Asia's Royal Golden Eagle and Asia Pulp & Paper Co., as well as Brazil's Suzano SA, are the final bidders for Kimberly-Clark's international tissue business valued at around US$4 billion. The three short-listed companies are doing due diligence on the business and are expected to submit binding bids by mid-May, according to Reuters sources. The unit was put on the selling block by Kimberly-Clark as part of a restructuring initiated last year.

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