International Paper Announces Exclusive Negotiations to Divest Five European Corrugated Box Plants to Satisfy Regulatory Commitments from the Acquisition of DS Smith Plc
International Paper Company (IP)
Last international paper company earnings: 4/30 07:00 am
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Source: PR Newswire
MEMPHIS, Tenn., April 14, 2025 /PRNewswire/ -- International Paper (NYSE: IP, LSE: IPC) ("IP") today announced that the company has entered into exclusive negotiations with PALM Group of Germany after receiving an irrevocable offer for the purchase of five corrugated box plants in Europe: (i) three plants in Normandy, France (namely, one box plant in Saint-Amand, one box plant in Mortagne, and one sheet plant in Cabourg); (ii) one box plant in Ovar, Portugal; and (iii) one box plant in Bilbao, Spain. Upon completion of the required French works council consultation and/or employee information processes, the parties expect to enter into a definitive share purchase agreement. The closing is expected by the end of the second quarter of 2025."Finding the right buyer for these five facilities has been a top priority for our team since the completion of the acquisition of DS Smith, and I'm pleased that we have found one in PALM," said International Paper Chairman and CEO Andy Silvernail. "W
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News
- International Paper (NYSE:IP) was given a new $55.00 price target on by analysts at Royal Bank Of Canada. They now have an "outperform" rating on the stock.MarketBeat
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- How Is International Paper's Stock Performance Compared to Other Timber Stocks? [Yahoo! Finance]Yahoo! Finance
- International Paper (NYSE:IP) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
IP
Earnings
- 10/30/25 - Miss
IP
Sec Filings
- 12/17/25 - Form 4
- 11/14/25 - Form SCHEDULE
- 11/6/25 - Form 10-Q
- IP's page on the SEC website