UK watchdog clears Suzano, Kimberly-Clark $3.4 billion joint venture

Kimberly-Clark Corporation

Kimberly-Clark Corporation

KMB

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- Britain's competition watchdog said on Thursday it would not refer the proposed $3.4 billion joint venture between Brazilian pulp producer Suzano SUZB3.SA and consumer goods giant Kimberly-Clark KMB.O for a Phase 2 investigation.