International Paper says the transaction is expected to close by the end of the year, but is subject to regulatory approvals.

Private equity firm American Industrial Partners is the buyer in the long-anticipated sale. CEO Andy Silvernail has been ...

The Savannah and Riceboro closures came as part of a series of "strategic changes to achieve an advantaged cost position," ...

These changes include a $1.5 billion sale of IP's Global Cellulose Fibers (GCF) business and a restructuring of its North the ...

International Paper will close mills in Alabama and Georgia that will lead to layoffs of more than 1,000 employees.

International Paper announced a major restructuring, including the sale of its Global Cellulose Fibers business and closures ...

International Paper called the decision a series of strategic changes to achieve an advantaged cost position in a press ...

International Paper Co. has announced the closure of two Georgia paper mills, including a Savannah mill that's been a key ...

International Paper said on Thursday it will sell its global cellulose fibers business to private equity firm American ...

American Industrial Partners has agreed to acquire International Paper’s global cellulose fibers business for $1.5 billion.

International Paper is closing its Savannah and Riceboro facilities by September. Economic analysts explain the challenges ...

International Paper spinning off its printing papers business frees it from an industry in decline, while the new paper company could become an acquisition target, analysts say. The Memphis-based ...