June 16, 2017 / 6:19 PM / a year ago

Chile's forestry firm Arauco confirms in talks with Eldorado

SANTIAGO, June 16 (Reuters) - Arauco, a unit of Chile’s Empresas Copec SA, confirmed on Friday that it had signed a non-disclosure agreement with Brazilian pulpmaker Eldorado Brasil Celulose SA, with the purpose of exploring “a possible investment.”

Earlier on Friday, a source told Reuters that forestry company Arauco had placed a bid for Eldorado, which is also being courted by other firms.

Reporting by Rosalba O'Brien; Editing by Lisa Shumaker

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below