UPDATE 5-Brazil merges pulp giants with state development bank's blessing
March 16, 2018 at 12:16 PM EDT
SAO PAULO, March 16 (Reuters) - Brazil's Suzano Papel e Celulose SA won the battle for control of larger rival Fibria Celulose SA, creating the world's biggest wood pulp producer with the blessing of state development bank BNDES, a common shareholder in the two companies.
