Group 1 - A Brazilian company, Suzano, has walked away from its bid to acquire International Paper after the latter rebuffed its overtures, leading to an 8% drop in IP shares [1][2] - Suzano was reportedly willing to pay up to 15billionincashforInternationalPaper,buttheU.S.government′spotentialreluctancetoapproveaforeignacquisitionraisedconcerns[2]−InternationalPaperiscurrentlypursuingoperationalefficiencyimprovementsandconsideringdivestinglower−margindivisions,whichcouldgenerateupto2 billion [3] Group 2 - The company is part of a consolidation trend in the paper and packaging industry, with an existing deal to acquire British rival DS Smith [2] - Despite the failed acquisition attempt, there remains potential for upside if the DS Smith deal closes successfully and is integrated well [3] - Investors are advised to be patient, as the company may still provide rewards despite the absence of an immediate boost from a takeover [3]