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Showing 1 articles from January 27, 2015.

Leading Stories

Kimberly-Clark buys Hogla diapers stake from Hadera Paper
Kimberly-Clark buys Hogla diapers stake from Hadera Paper

Hadera Paper Ltd. announced that it is selling its 49.9% stake in the Hogla-Kimberly diaper company to its partner Kimberly-Clark Corp. for US $160 million. This sum includes US $10 million, for Hadera Paper not to compete in the diaper market, for at least four years. Hadera Paper said that the sale will yield a profit after tax of US $126 million.

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