IP unlikely to sell to Brazilian company, analysts say
“It is highly unlikely that anyone inside the boardroom of International Paper would be agreeable to the idea of selling that company for $42/share in cash,” said a May 8 research note from Don Bilson at Gordon Haskett. (Courtesy International Paper)
According to one analyst, it may make more sense for IP to explore selling its fluff pulp business to Suzano instead of the entire company.
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International Paper Suzano Andrew Silvernail Subscriber OnlyThank you for supporting local journalism.
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Jane Roberts
Longtime journalist Jane Roberts is a Minnesotan by birth and a Memphian by choice. She's lived and reported in the city more than two decades. She covers business news and features for The Daily Memphian.
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