Free Market Reforms Are Bearing Fruit
For a spectacular corporate leap forward, it would be hard to match the performance of Kimberly-Clark de Mexico. The paper products maker, 46% owned by Dallas-based Kimberly-Clark Corp., jumped from No. 132 in 1995 to No. 48 this year on BUSINESS WEEK's annual scoreboard of the top 200 emerging-market companies, ranked by market value. Despite Mexico's recession, its share price zoomed 78%, to $18, reflecting the company's success in gaining market share as well as expected benefits from its planned merger with Scott Paper Co.'s Mexican unit.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.