$8.900
-0.060 (-0.67%)At close
SUZ News
SUZ Events
Arbex Begins Independent Operations, Reveals Leadership Team and Structure
Arbex commences operations as an independent business and unveils details of its brand, leadership team, and company structure. Announced in June 2025 as a $3.4B joint venture between Suzano (SUZ) and Kimberly-Clark Corporation (KMB), the new business will manufacture, market and distribute consumer and professional products across more than 70 markets on five continents. Arbex has assumed ownership of assets previously run by Kimberly-Clark's International Family Care & Professional business unit, which includes 22 manufacturing sites in 14 countries, and a portfolio of more than 40 regional brands including Andrex, Hakle, and Scottex. The company also holds a long-term license for the use of Kimberly-Clark's global brands, including Kleenex, Cottonelle, Scott, WypAll, Viva, and Kimberly-Clark Professional. Ehab Abou-Oaf, previously President of Kimberly-Clark's IFP business, directly transitions in as CEO of Arbex. He will be based in London, alongside the majority of the global leadership team. Luis Bueno, previously Executive Vice President of Suzano's consumer goods business, becomes COO. And Oscar Mousinho, a Kimberly-Clark veteran who most recently served as Global CFO of the Pet Nutrition business at Mars, is the incoming CFO. Walter Schalka, who spent over a decade as CEO of Suzano before stepping down in 2024, will chair Arbex's Board of Directors.
Major U.S. Indices Close Mostly Unchanged
The major averages bounced back in the late afternoon, finishing mostly unchanged amid uncertainty over an imminent end to the U.S.-Iran war. President Trump has established an 8:00 pm ET deadline for the two sides to reach an agreement to reopen the Strait of Hormuz, otherwise the U.S. will attack Iran's power plants and bridges. Trump's recent comments include the president saying on Truth Social, "A whole civilization will die tonight, never to be brought back again. I don't want that to happen, but it probably will." Axios later reported that U.S.-Iran talks are showing some signs of progress, while adding that a ceasefire deal by the Tuesday deadline remains unlikely.The major indexes pared much of their losses late in the session after Pakistan's prime minister requested that President Trump extend the deadline by two weeks, and requested Iran open the Strait of Hormuz as a gesture of goodwill.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:The Centers for Medicare and Medicaid released its, with policies project to result in a net average increase of 2.48%.Broadcomand Alphabetentered into aPershing Squareall outstanding shares of Universal Music GroupNikkei Asia said that Apple'sfoldable iPhone has, but Bloomberg countered that the device remains on track for a September debutAnthropic announced, an initiative to "secure the world's most critical software, in partnership with Amazon Web Services, Anthropic, Apple, Broadcom, Cisco, CrowdStrike, Google, JPMorganChase, the Linux Foundation, Microsoft, Nvidia, and Palo Alto Networks2. WALL STREET CALLS:Armto Equal Weight at Morgan StanleyRosenblattArista Networkson increased confidence in XPO strategyBarringtonFuboTVto Outperform on updated financial outlookCitiWingstopto Buy into potential sales reboundRocket Labto Outperform at Citizens3. AROUND THE WEB:Pimco is mulling a $14B debt financing deal to construct a massive Oracledata center in Michigan, Bloomberg reportsKimberly-Clarktold Bloomberg it is aware of a firer at its California distribution centerAmazonhas rebuffed requests from its wholesale suppliers for increased payments to cover higher costs, prompting some to pull items from the company's site, Information reportsThe families behind Puigand Estee Lauderare set to meet in New York this week to negotiate the terms of a potential combination of their beauty businesses with the goal of announcing an agreement in the coming weeks, Expansion saysDelta Air Lineshas hiked its fee for checked bags by $10 for tickets bought starting Wednesday, following similar moves by Unitedand JetBlueamid a surge in jet fuel expenses this year, CNBC says4. MOVERS:Patterson-UTIgains after reportingoperating in the U.S. in MarchPerrigoincreases in New York after a rumor was highlighted inMach Naturaldeclines after announcing aRedwirelower afterwith a new office in the United KingdomSuzanofalls in New York after BofAthe stock to Neutral5. EARNINGS/GUIDANCE:PrecigenprovidedSamsungreportedNeuroneticsbacked itsand FY26RPM Internationalis expected toon April 8Levi Straussis expected toon April 7INDEXES:The Dow fell 85.42, or 0.18%, to 46,584.46, the Nasdaq gained 21.51, or 0.098%, to 22,017.85, and the S&P 500 advanced 5.02, or 0.076%, to 6,616.85.
Major Averages Decline as Oil Prices Surpass $117
The major averages were lower near noon, erasing yesterday's gains amid fading hopes of an imminent end to the U.S.-Iran war and oil prices surpassing $117 per barrel. President Trump has established an 8:00 pm ET deadline for the two sides to reach an agreement to reopen the Strait of Hormuz, otherwise the U.S. will attack Iran's power plants and bridges. Trump's recent comments include the president saying on Truth Social, "A whole civilization will die tonight, never to be brought back again. I don't want that to happen, but it probably will."Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:The Centers for Medicare and Medicaid released its 2027 Medicare Advantage payments, with policies project to result in aBroadcomand Alphabetentered into aPershing Square proposed toof Universal Music GroupApple'sfoldable iPhone has encountered setbacks,Organogenesissaid itin its PuraPly study2. WALL STREET CALLS:Armto Equal Weight at Morgan StanleyRosenblattArista Networkson increased confidence in XPO strategyBarringtonFuboTVto Outperform on updated financial outlookCitiWingstopto Buy into potential sales reboundRocket Labto Outperform at Citizens3. AROUND THE WEB:Amazonhas rebuffed requests from its wholesale suppliers for increased payments to cover higher costs, prompting some to pull items from the company's site, Information reportsThe families behind Puig and Estee Lauderare set to meet in New York this week to negotiate the terms of a potential combination of their beauty businesses with the goal of announcing an agreement in the coming weeks, Expansion saysUlta BeautyCEO Kecia Steelman said GLP-1 users are purchasing hair and skincare products to combat the side effects of the weight loss treatments, Business Insiders reportsDelta Air Lineshas hiked its fee for checked bags by $10 for tickets bought starting Wednesday, following similar moves by Unitedand JetBlueamid a surge in jet fuel expenses this year, CNBC saysAnthropic plans to invest $200M in a new venture with private equity firms that looks to sell AI tools to their portfolio companies amid a push for business customers, WSJ reports4. MOVERS:Patterson-UTIgains after reportingn the U.S. in MarchPerrigoincreases in New York after ain Ben Harrington's Betaville blogMach Naturaldeclines after announcing aRedwirelower afterwith a new office in the United KingdomSuzanofalls in New York after BofAthe stock to Neutral5. EARNINGS/GUIDANCE:PrecigenSamsungNeuroneticsfor Q1 and FY26RPM Internationalis expectedon April 8Levi Straussis expectedon April 7INDEXES:Near midday, the Dow was down 0.81%, or 377.95, to 46,291.93, the Nasdaq was down 1.10%, or 241.75, to 21,754.59, and the S&P 500 was down 0.81%, or 53.79, to 6,558.04.
Suzano Shares Drop 6.8% to $8.99
Suzano is down -6.8%, or -66c to $8.99.
Kimberly-Clark to form partnership with Suzano
Kimberly-Clark (KMB) announced that it has entered into an agreement with Suzano (SUZ) to form a strategic partnership, creating a preeminent international tissue and professional products company and sharpening Kimberly-Clark's focus on its higher growth, higher margin businesses. Kimberly-Clark will own a 49% interest in the new venture, which will include substantially all the assets of its International Family Care and Professional business, and Suzano will own 51%. Kimberly-Clark will contribute substantially all the assets of its IFP business to the venture, which encompasses sales in more than 70 countries, 22 manufacturing facilities and approximately 9,000 employees. IFP's more than 40 regional brands will be owned by the new entity and its five global brands, including Scott, Kleenex, Viva, WypAll and Kimberly-Clark Professional, will be licensed to the venture by Kimberly-Clark under a long-term agreement. Kimberly-Clark's interests in Mexico and its joint venture in South Korea are outside the scope of this transaction. The business Kimberly-Clark is contributing to the venture generated approximately $3.3 billion of net sales in 2024.1 The transaction contemplates an implied current enterprise value for the business of approximately $3.4 billion, subject to certain purchase price adjustments at closing. The Company noted that, upon closing, the transaction is expected to be approximately $0.30-0.40 dilutive to Adjusted Earnings Per Share2 in the first full year following close, including the Company's expectation to return the initial cash proceeds from the transaction, net of taxes and transaction costs, to shareholders through share repurchases. The Company also noted its expectation to classify the IFP businesses included in the transaction as discontinued operations within its financial disclosures beginning with its second quarter earnings results. The Company currently anticipates reporting its second quarter and six months results by early August. The transaction is not subject to any financing contingency. At certain specified times and subject to certain conditions, Suzano will have the option to purchase Kimberly-Clark's remaining 49% ownership interest under an agreed valuation framework. The transaction is subject to the satisfaction of customary consultation requirements and closing conditions, including obtaining required regulatory approvals. The transaction has been unanimously approved by Kimberly-Clark's Board of Directors and is expected to close in mid-2026.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.






