A trio of law firms have been called in for the sale of a majority stake in Kimberly-Clark's international tissue business to Brazil's Suzano. Kirkland & Ellis and Baker McKenzie are guiding Texas-based Kleenex tissue maker Kimberly-Clark on the deal while Freshfields is acting for Suzano, which is the world's largest pulp producer.

Clark on Thursday struck a deal with Brazilian pulp maker Suzano to sell a majority stake in its international tissue business, valuing the business at about $3.4 billion, the Kleenex tissue maker said.

The combined company will help alleviate volatile input costs sparked by recent tariffs, the Kleenex tissue maker said.