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 OnlyAre you enjoying your subscription?
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Jane Roberts
Jane Roberts has reported in Memphis for more than 20 years. As a senior member of The Daily Memphian staff, she was assigned to the medical beat during the COVID-19 pandemic. She also has done in-depth work on other medical issues facing our community, including shortages of specialists in local hospitals. She covered K-12 education here for years and later the region’s transportation sector, including Memphis International Airport and FedEx Corp.
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