Brazil's Suzano In Talks To Raise Offer For International Paper, Sources Say
Portfolio Pulse from Benzinga Newsdesk
Brazil's Suzano is reportedly in talks to raise its offer for International Paper, according to sources. This development could impact International Paper's stock price in the short term.
May 20, 2024 | 7:59 pm
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Brazil's Suzano is in discussions to increase its offer for International Paper. This news could lead to a short-term increase in International Paper's stock price as investors anticipate a potential acquisition.
The potential for a higher acquisition offer from Suzano is likely to drive up International Paper's stock price as investors anticipate a favorable deal.
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