Skip to main content

International Paper Company(IP-N)

Today's Change
Real-Time Last Update Last Sale Cboe BZX Real-Time

International Paper Completes Sale of Ownership Interest in Ilim Joint Venture

PR Newswire - Mon Sep 18, 7:30AM CDT

MEMPHIS, Tenn., Sept. 18, 2023 /PRNewswire/ -- International Paper (NYSE: IP) today announced that it has completed the sale of its 50% interest in Ilim SA, the holding company for its Ilim joint venture (JV), to its JV partners for $484MM (USD) in cash.


Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.