K-C to aquire remaining interest in South African
afiliate.
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* Kimberly-Clark Corporation (K-C) announced it has reached an
agreement to purchase the remaining stake in its South African
subsidiary, Kimberly-Clark of South Africa (KCSA), from The Lion Match
Company (Proprietary) Limited, a wholly-owned subsidiary of FASIC
Investment Corporation Limited.
Kimberly-Clark currently owns slightly more than 50% of K-CSA. The
transaction is expected to close in the second quarter of 2008. Terms of
the purchase were not disclosed.
COPYRIGHT 2008 Rodman Publications,
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