UPDATE 1-Kimberly-Clark to transfer pension obligations to insurers
February 23, 2015 at 10:41 AM EST
Feb 23 (Reuters) - Kimberly-Clark Corp is transferring responsibility for payment of U.S. pensions to two insurers, a move it said would cut its projected benefit obligation by about $2.5 billion but result in a charge of $800 million in the second quarter.
