It is reported by Reuters.

The company sold a mill in September and hired financial advisers to evaluate additional asset sales, as it seeks to reduce a large debt.

«We are working carefully, evaluating the potential of each asset. It does not mean that our objective is simply to sell plants, — Blanchard, who became CEO in July, replacing Rui Chammas, told, — Of course, as part of this careful evaluation, we are open to market opportunities, strategic partnerships or sale of one or another asset».