Fibria Close to Asset Sales

May 12, 2011

Brazil’s Fibria is in talks with potential buyers for two non-essential assets worth up to BRL1bn and expects to make an announcement soon, according to company officials. “We should make a decision by the end of the first half [of 2011] to sell them or not,” Marcelo Castelli, its paper business, strategy and supply chain officer and forestry operations and...

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