- Zacks
Zacks Industry Outlook Highlights Stora Enso Oyj, Klabin, Sylvamo, Rayonier Advanced Materials and International Paper
Stora Enso Oyj, Klabin, Sylvamo, Rayonier Advanced Materials and International Paper have been highlighted in this Industry Outlook article.
- Reuters
Suzano to maintain capital discipline, CEO says amid potential IP deal
Brazilian pulpmaker Suzano will maintain its capital discipline and would not make any move solely aimed at growing, as it is focused on adding value for shareholders, Chief Executive Walter Schalka said on Friday. Reuters reported earlier this week, citing sources familiar with the matter, that Suzano had approached U.S.-based International Paper to express interest in an all-cash acquisition that would be worth almost $15 billion. In statements, Suzano - the world's largest pulp manufacturer - said no decision about a potential deal had been made by its management.
- Bloomberg
Suzano Approaches International Paper on Bid, Reuters Says
(Bloomberg) -- Suzano SA, the world’s largest pulp producer, approached International Paper Co. about a potential all-cash offer valuing the US company at almost $15 billion, Reuters reported.Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialOne Out of Every 24 New York City Residents Is Now a MillionaireIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortTrump’s Private Life Exposed in Intimate Stormy Daniels TestimonyThe potential bid of $42 a share by the Bra
