What decision did the UK competition watchdog make regarding the Suzano and Kimberly-Clark joint venture?

The UK competition watchdog announced on Thursday that 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.

What is the value and nature of the joint venture cleared by the UK watchdog?

The joint venture is valued at $3.4 billion and involves Brazilian pulp producer Suzano and U.S.-based consumer goods company Kimberly-Clark, and the UK competition watchdog determined it does not raise sufficient competition concerns to warrant an in-depth Phase 2 investigation.

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

May 27, 2026

Britain's competition regulator approved the $3.4 billion joint venture between pulp producer Suzano and Kimberly-Clark without further investigation.

reuters

2026-05-05

Brazil pulp giant Suzano set to win full EU nod for $3.4 billion Kimberly-Clark deal, sources say

2026-05-27

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

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

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