Suzano S.A. (BOVESPA:SUZB3) agreed to acquire Two mills in Pine Bluff, Arkansas in North Carolina of Pactiv Evergreen Inc from Pactiv Evergreen Inc. (NasdaqGS:PTVE) for $110 million on July 15, 2024. The transaction is subject to approval by regulatory board / committee and subject to antitrust regulations and the transaction is subject to verification of customary conditions, Once approved, the acquisition will occur upon closing, with the price subject to typical economic and operational adjustments for this type of transaction. Suzano adds that the agreed upon value does not materially impact its financial leverage or debt levels.
Real-time Estimate
Other stock markets
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5-day change | 1st Jan Change | ||
12.68 USD | +1.44% |
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+13.77% | -7.22% |
05:32pm | UBS Adjusts Price Target on Pactiv Evergreen to $16 From $19, Maintains Buy Rating | MT |
Jul. 15 | Pactiv Evergreen to Sell Paper Mill, Extrusion Facility to Suzano for $110 Million | MT |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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54.33 BRL | -10.27% | +3.45% | 12.82B | ||
12.65 USD | +1.20% | +12.79% | 2.24B | ||
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-8.02% | 2.24B | |
+8.55% | 19.27B | |
+10.04% | 18B | |
+24.11% | 9.6B | |
-15.39% | 9.23B | |
+0.66% | 5.36B | |
+2.02% | 4.87B | |
-2.51% | 3.06B | |
+11.01% | 3B | |
+9.24% | 2.03B |
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- Suzano S.A. agreed to acquire Two mills in Pine Bluff, Arkansas in North Carolina of Pactiv Evergreen Inc from Pactiv Evergreen Inc. for $110 million.