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Creates integrated paper-based packaging company with approximately $6 billion of projected revenue, $1 billion EBITDA.
January 3, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Graphic Packaging Holding Company has completed the combination of Graphic Packaging’s existing businesses with International Paper’s North America Consumer Packaging business. Graphic Packaging owns 79.5% of the combined company and will be the sole manager. International Paper will own 20.5% of the combined company. Graphic Packaging has assumed $660 million of International Paper debt and concurrently has amended and restated its senior secured credit agreement. There is no change to ...
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