Venezuela to Seize Kimberly-Clark Factory as Production Ends

Venezuela's government said Monday that it will seize a factory belonging to Kimberly-Clark Corp. after the U.S. personal care giant said it was no longer possible to manufacture in this crisis-wracked South American nation.

President Nicolas Maduro accused Kimberly-Clark of participating in an international plot to damage Venezuela's economy and said his socialist government would provide public funds to the workers at the plant.

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