Suzano Open to More M&A Deals Even After Foray Into Textiles [BNN Bloomberg (Canada)]
![BNN Bloomberg](../../../Content/images/providers/BNN Bloomberg.png)
International Paper Company (IP)
Last international paper company earnings: 4/30 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
internationalpaper.com/performance
Company Research
Source: BNN Bloomberg
The Brazilian company, which on Wednesday announced plans to take a 15% stake of Austrian textile maker Lenzing AG for €230 million ($247 million), still has appetite for more acquisitions, Chief Financial Officer Marcelo Bacci said in an interview. The Lenzing deal “does not reduce the possibility of the company doing other things,” Bacci said. The purchase doesn't impact its leverage levels and Suzano has the money for that transaction available in cash, he added. Suzano has also been vying to buy International Paper Co. in a multi-billion dollar deal. Different from the Lenzing stake acquisition, an agreement with IP would require Suzano to go heavier on debt. While not commenting on the IP case specifically, Bacci said the company is committed to keeping its investment-grade status. The company's recent push to expand comes as its core business of paper-grade pulp sees increased competition from new mills starting up in South America. The IP deal would help Suzano move furt
Show less
Read more
Impact Snapshot
Event Time:
IP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IP alerts
High impacting International Paper Company news events
Weekly update
A roundup of the hottest topics
IP
News
- Form 8.3 - International Paper Company - Amendment [Yahoo! Finance]Yahoo! Finance
- Form 8.3 - International Paper Company - Amendment [Yahoo! Finance]Yahoo! Finance
- NFWF Announces Record $33.5 Million in Conservation Grants to Restore Longleaf Pine Habitat and Help At-Risk Wildlife [Yahoo! Finance]Yahoo! Finance
- The World Market for Corrugated Boxes 2024-2030: Regional Analysis, Emerging Trends, Growth Opportunities, Company Profiles [Yahoo! Finance]Yahoo! Finance
- NFWF Announces Record $33.5 Million in Conservation Grants to Restore Longleaf Pine Habitat and Help At-Risk WildlifeGlobeNewswire
IP
Earnings
- 4/25/24 - Miss
IP
Sec Filings
- 6/18/24 - Form 4
- 6/17/24 - Form 4
- 6/13/24 - Form 4
- IP's page on the SEC website