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The Nexus
BUSINESSJul 1 · 18:28 UTCTHE RIO TIMESOliver Mason

Suzano Closes $1.3 Billion Deal to Launch Tissue Giant Arbex

Suzano and Kimberly-Clark closed a $1.3 billion deal to form a new tissue company named Arbex, with Suzano holding 51% and Kimberly-Clark 49%. The payment was adjusted from an initial agreement of $1.734 billion.

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SuzanoorganizationKimberly-ClarkorganizationArbexorganization
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