International Paper Co.’s top boss traveled to London to reaffirm his company’s commitment to merger partner DS Smith Plc, downplaying a takeover offer from Suzano SA that threatens to derail their pending £5.8 billion ($7.4 billion) deal, according to people with knowledge of the matter.
Andrew Silvernail, who took over as chief executive officer of the Memphis, Tennessee-based packaging giant just last month, met recently with Miles Roberts, his counterpart at London-based DS Smith, as well as key shareholders of the company, the people said, asking not to be identified because the discussions are private.
International Paper ...
