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DS Smith rallies as Suzano abandons pursuit of International Paper
By Michele Maatouk
Date: Thursday 27 Jun 2024
(Sharecast News) - DS Smith was the top gainer on the FTSE 100 on Thursday after Brazilian pulp maker Suzano said it had ended talks to buy International Paper.
In a statement on Wednesday, Suzano said that IP had not engaged with the highest price it was willing to pay.
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