International Paper (IP) CEO Andrew Silvernail has traveled to London, England to reiterate his company’s commitment to merger partner DS Smith (DITHF), downplaying an acquisition bid from Suzano SA (SUZ) that could potentially derail the current $7.4B pact, Bloomberg’s Rache Gamarski and Dinesh Nair report, citing people with knowledge of the matter. Silvernail recently met with DS Smith CEO Miles Roberts as well as key investors in the company, the authors note. Shares of International Paper are up just under 1% in afternoon trading.
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