Market Chatter: Suzano Considering Offer to Acquire Clearwater Paper

MT Newswires Live

2024/12/20

Suzano (SUZ) is exploring an offer to acquire Clearwater Paper (CLW), Bloomberg reported late Thursday, citing unnamed people with knowledge of the matter.

The deal by the Brazilian paper company to buy its American counterpart, which has a market capitalization of $409 million, has yet to be finalized and the proposition could fail, Bloomberg reported.

Suzano and Clearwater did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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