Suzano shares are trading lower following a report suggesting that the company made an offer to acquire International Paper.
Portfolio Pulse from Benzinga Newsdesk
Suzano shares are trading lower after reports surfaced that the company has made an offer to acquire International Paper. This move has sparked investor concerns about the financial implications and potential dilution of shares.

May 07, 2024 | 2:39 pm
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Suzano's share price has declined following reports of its offer to buy International Paper, indicating investor apprehension about the acquisition's cost and its effect on share value.
The decline in Suzano's share price can be attributed to concerns over the financial strain and share dilution that might result from the acquisition of International Paper. Such strategic moves often lead to short-term negative sentiment among investors due to the uncertainties and costs associated with mergers and acquisitions.
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