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Brazil's Suzano to merge different shares into single stock class

SAO PAULO, July 31 (From news reports) -- Brazil's Suzano Papel e Celulose SA plans to merge its different share classes into a single class of stock, the company said in a securities filing on Monday.

Owners of preferred shares will receive one common share for each preferred, the filing said, after approval by a shareholder assembly. The goal is to list Suzano in Brazil's highest governance segment in Sao Paulo stock exchange.


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