Reuters
(Reuters) -Brazilian pulp and paper company Suzano has been in talks with its advisers about sweetening its $15 billion acquisition offer for International Paper, people familiar with the matter said on Monday. Reuters reported earlier this month that Suzano had approached International Paper to verbally express interest in an all-cash acquisition that was worth roughly $42 per share. Such a deal is conditional on International Paper abandoning its agreement to acquire British packaging firm DS Smith for $7.2 billion.