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Company looks to sharpen focus on Industrial Packaging.
December 4, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
International Paper announced a plan to pursue a spin-off of the company’s Printing Papers segment into a standalone, publicly-traded company (SpinCo). The transaction will result in two streamlined, leading companies well-positioned for long-term success. Upon completion of the transaction, International Paper and SpinCo will each be well-positioned to create long-term value. The company plans to complete the spin-off late in the third quarter of 2021. “We remain committed to ...
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