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International Paper Co ( (IP) ) just unveiled an announcement.
International Paper Company has entered into a Securities Purchase Agreement to sell its Global Cellulose Fibers business to Absorbent Fiber Topco, Inc. The transaction, which involves multiple subsidiaries across the US, Canada, Poland, and Hong Kong, is contingent upon regulatory approvals, including the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. The Federal Trade Commission has already granted early termination of this waiting period, and the transaction is now pending customary closing conditions. This strategic move is expected to impact International Paper’s operations and market positioning by allowing it to focus more on its core sustainable packaging solutions.
More about International Paper Co
International Paper is a global leader in sustainable packaging solutions, headquartered in Memphis, Tennessee, with EMEA headquarters in London. The company employs over 65,000 people and operates in more than 30 countries, focusing on the North American and EMEA regions. In 2025, International Paper acquired DS Smith, further solidifying its position in the industry.
See more data about IP stock on TipRanks’ Stock Analysis page.