After Brazilian Veja magazine announced that Kimberly-Clark would have put the Latin American operation up for sale, the company spoke through an international press media, denying the information and stating that it will not comment on the matter.
A company spokesperson stated, “regarding media speculation about our operations in Latin America, Kimberly-Clark has made no such announcement, and as a matter of policy we do not comment on rumours about our business”
“We are focused on how we deliver long-term sustainable growth for the future across all categories in which we compete. Last week the company detailed the significant investments it is making in our Latin American business. These investments reflect our continued focus on serving consumers across the region.”
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