Suzano Approaches International Paper About Bid, Reuters Says
Suzano SA, the world’s largest pulp producer, approached International Paper Co. about a potential all-cash offer valuing the US company at almost $15 billion, Reuters reported.
Suzano SA, the world’s largest pulp producer, approached International Paper Co. about a potential all-cash offer valuing the US company at almost $15 billion, Reuters reported.
Federal Deposit Insurance Corp. staff have for years suffered through a toxic culture that fails to keep many of them safe from sexual harassment or discrimination, according to a review of the bank regulator’s workplace.
Stocks in Asia are set for a mixed open following a sluggish US session, with investors split on whether the market can sustain this month’s rally given economic crosscurrents.
Steven Mnuchin, the former US Treasury Secretary, said he’s still interested in buying TikTok’s US operation from its Chinese owner, and believes the social media app’s critical video recommendation technology could be replicated.
Emerging-market assets eked out gains Tuesday, adding to an early May winning streak that has come in spite of a relentless advance by the US dollar.
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