Suzano Is Working On A Revised Offer For International Paper; International Paper CEO Met DS Smith CEO In London; International Paper Seeks To Reassure DS As Suzano Plots Bid
Portfolio Pulse from Benzinga Newsdesk
Suzano is preparing a revised offer for International Paper. Additionally, the CEO of International Paper recently met with the CEO of DS Smith in London, as International Paper seeks to reassure DS Smith amidst Suzano's bid plans.
June 03, 2024 | 6:44 pm
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Suzano is preparing a revised offer for International Paper, and the CEO of International Paper met with the CEO of DS Smith in London to reassure them amidst Suzano's bid plans.
The news of Suzano's revised offer could potentially increase International Paper's stock price due to the possibility of a favorable acquisition. The meeting with DS Smith's CEO indicates proactive steps by International Paper to manage relationships and reassure partners, which could be seen positively by investors.
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