Investment firms Alliancebernstein L.P., UniSuper Management Pty Ltd, and MBB Public Markets I LLC, among others, have been adjusting their stake in
International Paper Company. The company has undergone considerable change, closing numerous mills and facilities, which affected over a thousand employees. However, they also announced strategic moves geared towards growth and sector realignment. Large deals include the sale of the
global cellulose fibers unit for $1.5 billion, which fell into the hands of American Industrial Partners. International Paper also completed its divestiture of five European corrugated box plants to meet regulatory commitments from a recent acquisition. In
north America, the company has been contemplating an ultra-modern sustainable packaging unit in Salt Lake City, Utah, and recently earmarked their groundbreaking of a similar facility in Waterloo, Iowa. International Paper CEO underlined the rising momentum of their transformation despite recent mill closures and job layoffs. Finally, the company declared its quarterly dividend and displayed second quarter 2025 results, which will influence their stock outlook.
International Paper IP News Analytics from Thu, 30 Jan 2025 08:00:00 GMT to Sat, 13 Sep 2025 22:23:03 GMT -
Rating 3
- Innovation 7
- Information 8
- Rumor 4
