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Tag : Weyerhaeuser

International Paper Finalizes Acquisition of Weyerhaeuser’s Cellulose Fibers Business

Manik Seth
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......

Is International Paper the Next Takeover Target?

Manik Seth
Even after the quarter topping consensus forecasts of USD 5.27 billion, IP faces speculation of being the next takeover target. August 17, 2016 Amid speculations that the paper-products maker could be a takeover target, shares of International Paper (IP) rose 1.6 percents to USD 46.79, the highest since August 19.......

Weyerhaeuser to Sell Liquid Packaging Board business to Nippon Paper Industries for USD 285 million

Manik Seth
The transaction includes one mill located in Longview, Wash., with an annual capacity of 280,000 tonnes. June 15, 2016 Weyerhaeuser Company announced an agreement to sell its liquid packaging board business to Nippon Paper Industries Co., Ltd. for USD 285 million in cash. Weyerhaeuser expects to use a substantial portion......
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