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Brazil’s Suzano Confirms Interest in International Paper Assets

Posted on AllSides May 22nd, 2024
From The Left

Suzano SA , the world’s largest pulp producer, confirmed its interest in buying US packaging giant International Paper Co. ’s assets, while reiterating that no agreement has been made.

There is currently “no agreement, binding or otherwise, nor any decision or deliberation” by company management that would qualify as a “material fact,” Suzano said Wednesday in response to an inquiry from Brazilian stock exchange B3 SA.

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