Mergers and Acquisitions, Printers News

International Paper Announces Strategic Changes

IP to sell Global Cellulose Fibers business to American Industrial Partners for $1.5 billion.

International Paper announces a series of strategic changes to achieve an advantaged cost position, deliver a superior customer experience and maintain a high relative supply position as part of its ongoing transformation journey.   Agreement to Sell Global Cellulose Fibers Business International Paper has reached a definitive agreement with American Industrial Partners (AIP) to sell its Global Cellulose Fibers (GCF) business for $1.5 billion, subject to closing adjustments, including the ...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters