KMB · 10-Q · 2026Q3 · Full report

Acquisition / Partnership / Divestiture

KIMBERLY CLARK CORP · 2026-11-05 · Importance 59 · Surprise 60

On July 1, 2026, Kimberly-Clark completed the IFP transaction by contributing substantially all former IFP segment assets and liabilities to the Arbex Joint Venture with Suzano. Suzano acquired a 51% interest for approximately $1.3 billion in cash, subject to post-closing adjustments, while Kimberly-Clark retained 49%. The transaction generated an approximately $1.4 billion pre-tax gain reported in discontinued operations; nine-month 2026 discontinued-operations income was $1.4 billion versus $281 million in the prior year. Nine-month discontinued-operation results also included $104 million of net tax charges related to transaction reorganization activities.