List of Flash News about Kleenex business divestiture
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2025-06-05 02:54 |
Kimberly-Clark $KMB Nears $3.5 Billion Sale of Kleenex International Tissue Business: Crypto Market Implications
According to Evan (@StockMKTNewz), Kimberly-Clark ($KMB) is close to finalizing a $3.5 billion sale of its Kleenex and tissue businesses outside North America, as reported by the Wall Street Journal. This significant divestiture could free up capital for Kimberly-Clark's strategic shift and potential investment in digital transformation, including blockchain-based supply chain management. For crypto traders, large corporate liquidity events like this may signal increased institutional interest in digital assets or blockchain technology, especially if proceeds are directed toward tech modernization or strategic partnerships. Source: @StockMKTNewz via WSJ, June 5, 2025. |