Suzano shareholders approve Fibria incorporation, name change
April 2, 2019
BRASILIA (From news reports) -- Shareholders of Suzano Papel e Celulose SA on Monday approved the incorporation of Fibria Celulose SA and the change in their company's name to Suzano S.A., according to a Suzano securities filing.
Suzano bought rival Fibria, the world's largest eucalyptus pulp producer, last year for 36 billion reais ($9.3 billion) to become itself the world's largest cellulose producer.
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