International Paper Company (IP)
After hours:
| Previous Close | 36.92 |
| Open | 37.02 |
| Bid | 0.00 x 1100 |
| Ask | 0.00 x 800 |
| Day's Range | 36.88 - 41.30 |
| 52 Week Range | 29.01 - 41.30 |
| Volume | |
| Avg. Volume | 6,178,478 |
| Market Cap | 13.49B |
| Beta (5Y Monthly) | 0.98 |
| PE Ratio (TTM) | 73.28 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.85 (4.76%) |
| Ex-Dividend Date | Feb 21, 2024 |
| 1y Target Est | N/A |
- Bloomberg
Suzano Approaches International Paper on Bid, Reuters Says
(Bloomberg) -- 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.Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialOne Out of Every 24 New York City Residents Is Now a MillionaireIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortEinhorn Says Markets Are ‘Broken.’ Here’s What Data ShowsThe potential bid of $42 a share by the Brazilian p
- Reuters
EMERGING MARKETS-Latam stocks, FX muted ahead of rate decision flurry
MSCI's gauge for Latin American stocks inched up 0.2%, while the currencies index dipped 0.1% against the dollar, ending a three-day winning streak, by 1931 GMT. As the largest economy in the region, Brazil will be the focus on Wednesday, as its central bank is widely expected to cut interest rates by at least 25 basis points.
- Reuters
Exclusive-Brazil's Suzano readies $15 billion bid for International Paper, sources say
NEW YORK (Reuters) -Brazilian pulp and paper company Suzano has approached U.S.-based International Paper to express interest in an all-cash acquisition that would be worth almost $15 billion, according to people familiar with the matter. The approach comes less than a month after International Paper agreed to buy British packaging firm DS Smith for $7.2 billion, beating out a rival bid from London-listed Mondi. This deal, which is scheduled to close by the fourth quarter of 2024, could be disrupted were Suzano to press ahead with its bid for Memphis-based International Paper.
