In a move that could have far-reaching implications in the paper packaging industry, Suzano is reportedly planning a $15 billion acquisition of International Paper, according to a Reuters report. This development threatens International Paper’s existing $6 billion bid to acquire DS Smith, potentially scuppering plans that have been months in the making. The market reacted swiftly to the news, with Suzano’s share price dropping by 11% while International Paper’s increased by a similar amount. Various analysts have weighed in with mixed opinions on whether International Paper would agree to such a deal, given Suzano’s financial constraints. Suzano maintains that no formal agreement has been reached. The story, full of twists and turns, continues to unfold with significant attention from stakeholders across the industry.
Paper Packaging, Mergers and Acquisitions,North America, Europe, Brazil
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