Mill deal
 silence

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Mill deal
 silence

The two parties involved in the pending change of ownership of the Kimberly-Clark Australia Millicent Mill are remaining tight-lipped.


It was announced to the New York Stock Exchange on June 6 the Kimberly-Clark Corporation of the United States of America would sell a 51% stake in the Milicent Mill and 21 kindred tissue mills across the globe to Brazilian company Suzano.


The statement also contained contact details for the media and so The SE Voice directed a series of questions relevant to the Millicent Mill.


London-based public relations firm Hawthorn Advisors speaks on behalf of the Brazilian company.


“Suzano and the Kimberly-Clark Corporation do not want to comment beyond what has been included in the press release at the moment,” a Hawthorn Advisors spokesperson said.


A similar response was provided to The SE Voice by KCA communications and government affairs manager Lucy Jackson who is based at its Sydney headquarters.


Ms Jackson said the New York Stock Exchange statement would be the only external statement by her company at this time.


Meanwhile, stock markets apparently have passed judgement on the multi-billion-dollar deal.


The Kimberly-Clark Corporation share price has dipped while the Suzano price has lifted.

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