International Paper Finalizes Acquisition of Weyerhaeuser’s Cellulose Fibers Business
IP expects to save about USD 175 million annually in “synergies” by the end of 2018. December 2, 2016 International Paper (IP) and Weyerhaeuser have finalized the announced purchase and sale agreement for Weyerhaeuser’s Cellulose Fibers division. The deal worth USD 2.2bn in cash is said to strengthen IP’s position......