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Market Chatter: Suzano Preparing $15 Billion Bid for International Paper
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Market Chatter: Suzano Preparing $15 Billion Bid for International Paper
May 7, 2024 7:20 AM

09:49 AM EDT, 05/07/2024 (MT Newswires) -- Brazilian pulp and paper company Suzana has approached International Paper ( IP ) about a possible an all-cash acquisition that would be worth nearly $15 billion, Reuters reported Tuesday, citing people familiar with the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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