Suzano acquires Pactiv’s paper mill and extrusion facility for $110 million (NYSE:SUZ)

Brazilian pulp and paper company Suzano (NYSE:SUZ) on Friday signed a definitive agreement to acquire Pactiv Evergreen’s (NASDAQ:PTVE) Pine Bluff, Arkansas, paper mill and Waynesville, North Carolina, extrusion facility for $110 million.

“The sale of Pine Bluff and Waynesville concludessaid