Kimberly-Clark Tissue Unit Is Said to Draw RGE, Suzano, APP (1)

Kimberly-Clark Corp.’s potential sale of its international tissue business has attracted interest from companies including Royal Golden Eagle Pte, Brazil’s Suzano SA and Asia Pulp & Paper Co., according to people familiar with the situation.

The unit could be valued at about $4 billion, one of the people said, asking not to be identified discussing a private matter. Deliberations are ongoing and may not lead to a transaction, the people said.

Representatives for Kimberly-Clark and Royal Golden Eagle declined to comment. Representatives for Suzano and Asia Pulp & Paper didn’t immediately respond to requests for comment.

Bloomberg ...