International Paper(IP) The Motley Fool·2024-06-05 20:30Group 1 - Consolidation is increasing in the paper and packaging industry, with International Paper (IP) being speculated as a potential target for acquisition [1][2] - IP's shares rose by 29% in May due to investor optimism regarding a possible acquisition offer [1] - Brazilian paper company Suzano has reportedly approached IP about a potential deal, indicating a willingness to pay a significant premium over IP's trading price [2][3] Group 2 - Suzano is in discussions with Asian banks to raise capital for its offer, acknowledging the potential political backlash in the U.S. regarding the deal [3] - The possibility of a merger remains uncertain, and investors seeking quick returns may be disappointed as any deal would take time to finalize [3] - Jefferies upgraded IP's stock to a buy, highlighting the company's potential to unlock value through portfolio refinement and focusing on higher-margin products [4]