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International Paper Closes Containerboard Mill in US

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The permanent closure of International Paper’s Red River containerboard mill in Louisiana by April 2025 is expected to reduce its annual containerboard capacity by approximately 800,000 tons. Feb 17, 2025 International Paper, global leader in sustainable packaging solutions, has announced permanent closure of its four facilities in the United States,......
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International Paper to Build Corrugated Box Plant in US worth INR 260 Million

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To be built near the city airport at Waterloo, Iowa, the greenfield state-of-the-art corrugated box plant is expected to create 90 jobs. The facility will be established in an area spanning 900,000 square feet and will be five times larger than the existing plant. Feb 6, 2025 International Paper, leading......
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International Paper Completes Acquisition of DS Smith worth USD 7.2 Billion

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International Paper (IP) has completed the acquisition of DS Smith worth USD 7.2 billion. Under the terms of the acquisition, International Paper will issue approximately 179.8 million new shares of common stock.  Feb 3, 2025 International Paper and DS Smith, two of the leading producers of sustainable packaging, containerboard and......
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International Paper Gets EU Nod for USD 7.2 Billion DS Smith’s Acquisition

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The European Commission has approved a USD 7.2 billion acquisition of DS Smith by International Paper. Jan 24, 2025 The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of DS Smith by International Paper worth USD 7.2 billion. Watch: In Pursuit of Lesser Water Footprint  The......
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International Paper to Close its Pulp and Paper Mill in Georgetown

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The mill in Georgetown produces approximately 300,000 tons of fluff pulp designed for incontinence products such as diapers and other absorbent items. The mill also produces freesheet papers that it sells to Sylvamo. The full closure of the mill is expected by the end of 2024. Nov 04, 2024 International......
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International Paper Announces Shareholder Approval for DS Smith Acquisition

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The two companies together can create a true global leadership in sustainable packaging solutions which will drive significant value for the employees, customers and shareholders. Oct 15, 2024 International Paper has announced that it has received the necessary shareholder approval for its  pending acquisition of DS Smith. Earlier this week,......
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International Paper Appoints Andy Silvernail as the Chairman of Board of Directors

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Andy Silvernail took charge as the Chairman of the International Paper Board of Directors, following the retirement of Mr. Mark Sutton. Mr. Silvernail has been given the charge in addition to his current role as the Chief Executive Officer of the company.  Oct 1, 2024 International Paper has appointed Mr.......
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Suzano Ends Acquisition Talks After International Paper Refuses Highest Offer

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Suzano had offered an all-cash acquisition worth USD 15 billion to International Paper, which reportedly asked for a deal worth USD 17.3 billion. Suzano said that it had reached the ‘maximum price’ for the transaction to generate value for itself, ‘without engagement’ from the other party. Jun 29, 2024 Suzano......
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Suzano Offers USD 15 Billion Acquisition Deal to International Paper

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Suzano has communicated its USD 42 per share offer to International Paper’s board of directors verbally, and is likely to submit a formal bid in the coming days. May 9, 2024 Brazilian pulp and paper company Suzano has offered an all-cash acquisition that would be worth almost USD 15 billion......