Kimberly-Clark Explores Sale of International Tissue Business: Bloomberg News

Kimberly-Clark, the multinational personal care and consumer goods company, is reportedly considering selling its international tissue business, according to a report by Bloomberg News. The potential sale comes as the company looks to streamline its operations and focus on its core businesses.

The international tissue business includes brands such as Kleenex tissues and Scott paper products, which are popular worldwide. Kimberly-Clark is exploring this move as part of a strategic review to enhance shareholder value and drive growth.

The decision to sell the international tissue business is not final, and Kimberly-Clark is said to be in the early stages of considering its options. The company is reportedly working with advisors to evaluate potential buyers and assess the market for a potential sale.

This news comes as Kimberly-Clark continues to navigate the challenges posed by the global pandemic and changing consumer preferences. The company has been working to adapt to the evolving landscape by focusing on innovation, sustainability, and digital transformation.

If Kimberly-Clark decides to move forward with the sale of its international tissue business, it could have significant implications for the company and the industry as a whole. Investors and stakeholders will be closely watching to see how this potential sale unfolds and what it means for the future of Kimberly-Clark.