UK watchdog probes $3.4 billion Suzano and Kimberly-Clark deal
27/03/2026 10:20
March 27 (Reuters) - Britain's competition watchdog said on Friday it has opened a phase 1 investigation into a $3.4 billion joint venture between Brazilian pulp producer Suzano SUZB3.SA and consumer goods giant Kimberly-Clark KMB.O. The Competition and Markets Authority (CMA) has a May 28 deadline to announce a decision from its phase 1 investigation. (Reporting by Rishab Shaju in Bengaluru) ((Rishab.shaju@thomsonreuters.com ; +91 9048142177))