http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2024, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Thu, 27 Jun 2024 05:58:32 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Investing/Brazil%E2%80%99s+Suzano+no+longer+pursuing+bid+for+International+Paper-+Bloomberg/23403778.html <p>Investing.com-- Brazilian pulp manufacturer Suzano Papel e Celulose (NYSE:SUZ) will no longer pursue a bid for International Paper (NYSE:IP), after the U.S.-based paper maker cleared a major regulatory hurdle for a merger with UK-based DS Smith PLC (LON:SMDS), Bloomberg reported on Wednesday.</p> <p dir="ltr">The Bloomberg report quells earlier speculation that Suzano was considering a rival, $15 billion offer for IP, after the paper maker agreed to a $7.2 billion all-share deal with DS Smith. The Smith offer had just edged out a rival offer by Mondi PLC (LON:MNDI). </p> <p dir="ltr">IP had agreed to the Smith offer in April. But the two companies http://www.streetinsider.com/Investing/Brazil%E2%80%99s+Suzano+no+longer+pursuing+bid+for+International+Paper-+Bloomberg/23403778.html Thu, 27 Jun 2024 05:58:32 -0400 IP SMDS SUZ http://www.streetinsider.com/Investing/Brazil%E2%80%99s+Suzano+no+longer+pursuing+bid+for+International+Paper-+Bloomberg/23403778.html <p>Investing.com-- Brazilian pulp manufacturer Suzano Papel e Celulose (NYSE:SUZ) will no longer pursue a bid for International Paper (NYSE:IP), after the U.S.-based paper maker cleared a major regulatory hurdle for a merger with UK-based DS Smith PLC (LON:SMDS), Bloomberg reported on Wednesday.</p> <p dir="ltr">The Bloomberg report quells earlier speculation that Suzano was considering a rival, $15 billion offer for IP, after the paper maker agreed to a $7.2 billion all-share deal with DS Smith. The Smith offer had just edged out a rival offer by Mondi PLC (LON:MNDI). </p> <p dir="ltr">IP had agreed to the Smith offer in April. But the two companies http://www.streetinsider.com/Investing/Brazil%E2%80%99s+Suzano+no+longer+pursuing+bid+for+International+Paper-+Bloomberg/23403778.html Thu, 27 Jun 2024 05:58:32 -0400 IP SMDS SUZ http://www.streetinsider.com/Investing/Brazil%E2%80%99s+Suzano+no+longer+pursuing+bid+for+International+Paper-+Bloomberg/23403778.html <p>Investing.com-- Brazilian pulp manufacturer Suzano Papel e Celulose (NYSE:SUZ) will no longer pursue a bid for International Paper (NYSE:IP), after the U.S.-based paper maker cleared a major regulatory hurdle for a merger with UK-based DS Smith PLC (LON:SMDS), Bloomberg reported on Wednesday.</p> <p dir="ltr">The Bloomberg report quells earlier speculation that Suzano was considering a rival, $15 billion offer for IP, after the paper maker agreed to a $7.2 billion all-share deal with DS Smith. The Smith offer had just edged out a rival offer by Mondi PLC (LON:MNDI). </p> <p dir="ltr">IP had agreed to the Smith offer in April. But the two companies http://www.streetinsider.com/Investing/Brazil%E2%80%99s+Suzano+no+longer+pursuing+bid+for+International+Paper-+Bloomberg/23403778.html Thu, 27 Jun 2024 05:58:32 -0400 IP SMDS SUZ