Suzano and Kimberly-Clark joint venture faces UK competition probe
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Price: $109.77 -0.13%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.4%
EPS Growth %: +4.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.4%
EPS Growth %: +4.7%
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Investing.com -- Britain's Competition and Markets Authority has launched a phase 1 investigation into the $3.4 billion joint venture between Brazilian pulp producer Suzano and consumer goods company Kimberly-Clark.
The watchdog announced the investigation on Friday and set a deadline of May 28 to announce its decision from the phase 1 review.
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