08.04.2024 03:16:44 - dpa-AFX: Ansell To Acquire Kimberly-Clark's Personal Protective Equipment Business For US$640 Mln

WASHINGTON (dpa-AFX) - Ansell said that it has reached a binding agreement
to acquire Kimberly-Clark's Personal Protective Equipment business or KCPPE for
US$640 million.

The Acquisition is expected to complete by September 2024.

KCPPE is a global personal protective equipment business, designing, marketing
and selling innovative and differentiated safety products including gloves,
protective apparel and safety eyewear.

In addition, Ansell said that it will enter a transitional services agreement
with Kimberly-Clark, which includes support in transitioning customers,
suppliers and employees to Ansell as well as providing various business support
services for a period of up to 12 months.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
KIMBERLY-CLARK DL 1,25 855178 Frankfurt 121,500 24.05.24 16:46:50 -1,340 -1,09% 0,000 0,000 121,820 121,500

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