Pulp giant Suzano announced on June 26th that it has abandoned its plan to acquire International Paper. Suzano stated that International Paper rejected its acquisition proposal and the company did not want to further increase its quote. In May of this year, the media reported that Suzano was considering a $15 billion acquisition of International Paper.
纸浆巨头书赞桉诺放弃收购国际纸业公司
Pulp giant Shandong Sun Paper praised APP's decision to abandon the acquisition of International Paper.
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