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International Paper to Sell its Corrugated Packaging Business to Klabin for R$330 Million

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The agreement follows International Paper’s previously announced strategic review of the Brazil packaging business. March 29, 2020 International Paper has announced that it has entered into an agreement to sell its Brazilian corrugated packaging business to Klabin S.A. for R$330 million, with R$280 million to be paid at closing and......
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