Latest news with #cellulosefibers
Wall Street Journal
11 hours ago
- Business
- Wall Street Journal
American Industrial Partners to Buy International Paper Unit for $1.5 Billion
American Industrial Partners has agreed to acquire International Paper's IP 2.32%increase; green up pointing triangle global cellulose fibers business for $1.5 billion. American Industrial, an industrials-focused investor, said Thursday that its affiliate has signed a definitive agreement to acquire the Global Cellulose Fibers division from International Paper.
Bloomberg
13 hours ago
- Business
- Bloomberg
International Paper to Sell Fibers Business for $1.5 Billion
International Paper Co. said it will sell its global cellulose fibers business to American Industrial Partners for $1.5 billion. The sale comes after the Memphis-based company said last October that it would be reviewing alternatives for its global cellulose business, which makes pulp used in household products like tissues and diapers. The move is part of the company's strategy to focus on sustainable packaging solutions.
Yahoo
13 hours ago
- Business
- Yahoo
International Paper to sell cellulose fibers unit for $1.5 billion
(Reuters) -International Paper said on Thursday it will sell its global cellulose fibers business to private equity firm American Industrial Partners for $1.5 billion.
