International Paper Company (IP) Issues Statement on Acquisition Rumors
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A Suzano acquisition would be credit negative for International Paper - Gimme Credit
May 8, 2024 1:56 PM EDTOn Tuesday, Reuters reported that Suzano, a Brazilian pulp and paper company, expressed interest in an all-cash acquisition of International Paper Company (NYSE: IP), a U.S.-based company.
The publication, citing people familiar with the matter, said the deal would be worth almost $15 billion. Reacting to those reports, an analyst from corporate... More
