Financiers Beware: Sale of Controversial Pulp and Paper Company Eldorado Brasil

Eldorado Brasil is involved in major corruption scandals, and has a legacy of serious environmental damage and social conflict. Various potential buyers are rumoured to be in discussions with Eldorado, including Indonesia’s notorious Asia Pulp and Paper (APP) and other pulp and paper companies with poor ESG track records – but no deal has yet been confirmed.