Suzano buys forestry leases

Suzano buys forestry leases

M&A

Brazilian pulp company Suzano Papel e Celulose has agreed to buy 45,000 hectares of leased forest for BRL528.9m ($232m). The leases are held by Vale Florestar Fundo de Investimento em Participacoes, which Suzano is buying from Vale, BNDES Participaco

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