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Suzano Denies Acquisition Agreement with Clearwater Paper
Company Announcements

Suzano Denies Acquisition Agreement with Clearwater Paper

Story Highlights
  • Suzano is considering acquiring Clearwater Paper to boost its U.S. market presence.
  • No formal agreements have been made regarding the acquisition, and Suzano will keep stakeholders informed.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Suzano Papel e Celulose SA ( (SUZ) ) has shared an announcement.

Suzano S.A., a major player in the pulp and paper industry, is allegedly considering acquiring Clearwater Paper, an American company, to enhance its market presence in the United States. However, Suzano clarifies that no agreements have been reached or documents signed regarding this potential acquisition, and there have been no significant fluctuations in its securities. The company remains committed to keeping its stakeholders informed about any relevant developments.

More about Suzano Papel e Celulose SA

YTD Price Performance: -8.59%

Average Trading Volume: 1,610,139

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $11.38B

Learn more about SUZ stock on TipRanks’ Stock Analysis page.

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