March 27 (Reuters) - Britain's competition watchdog said on Friday it has opened a phase 1 investigation into a $3.4 billion joint venture between Brazilian pulp producer Suzano SUZB3.SA and consumer goods giant Kimberly-Clark KMB.O.
The Competition and Markets Authority $(CMA)$ has a May 28 deadline to announce a decision from its phase 1 investigation.
(Reporting by Rishab Shaju in Bengaluru)
((Rishab.shaju@thomsonreuters.com ; +91 9048142177))
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