terça-feira, 11 de setembro, 2018

Merger of Suzano and Fibria is approved by Turkish organ

Suzano and Fibria received last Thursday (6) a notification of the Turkish competition authority by approving the transaction between the two companies no restrictions on Turkey. "We emphasize that the consummation of that operation is still subject to compliance with other conditions usual precedents for this type of operation, including the approval by competition authorities in Brazil and abroad," says the note. Until the date of consummation of the transaction, the companies will not suffer any change in the conduct of their business, and will remain operating independently, explains.
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