There are still pending issues relating to the merger between Fibria and Suzano, the Brazilian papermills stated in a joint statement in action to a report by the Valor Economico paper mentioning that an offer was imminent.
“There are working out problems pending definition, which affect the operation and its conditions, consisting of structural and monetary concerns, which is why it is not possible to validate the truth of the report,” Fibria and Suzano said.
Inning accordance with the paper mills, “there is no assurance that the potential operation in between both companies will emerge.”
Suzano and Fibria verified in February an initial discussion on a possible offer in between the business.
The product has actually been offered by InstaForex Business – www.instaforex.com