Mergers & AcquisitionsBy The Online Investor Staff, updated Sun., Sep. 20, 9:53 PM
|This Slide: #56 of 100|
Slide #56. Kimberly-Clark Corporation — Softex Indonesia
Kimberly-Clark Corporation (NYSE:KMB)
Kimberly-Clark Corporation (NYSE: KMB) today announced that it has entered into a definitive agreement to acquire Softex Indonesia, a leader in the fast-growing Indonesian personal care market, in an all-cash transaction for approximately $1.2 billion from a group of shareholders including CVC Capital Partners Asia Pacific IV.
Kimberly-Clark is principally engaged in the manufacturing and marketing of a range of products primarily made from natural or synthetic fibers using technologies in fibers, nonwovens and absorbency. Co. is organized into three operating segments: Personal Care, which provides solutions and products such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products; Consumer Tissue, which provides facial and bathroom tissue, paper towels, napkins and related products; and K-C Professional, which provides a range of solutions and supporting products such as wipers, tissue, towels, apparel, soaps and sanitizers.
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Buy (2.67 out of 4)
(ranked lower than approx. 79% of all stocks covered)
Based on Zacks ABR data;
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