(Reuters) -International Paper said on Thursday it will sell its global cellulose fibers business to private equity firm ...

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

American Industrial Partners ("AIP"), a focused industrials investor, today announced its affiliate has signed a definitive ...

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

The company also will close a packaging facility and a timber and lumber mill, resulting in about 1,100 job cuts.

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

International Paper (IP) announced Thursday, Aug. 21, that it has entered into an agreement for its Global Cellulose Fibers ...

Back in 2018, International Paper announced a $552.7 million investment there to boost productivity, only a few months after it planned a $300 million conversion of the mill’s No. 15 paper machine.

As part of its restructuring, the company will permanently close its Savannah containerboard mill and packaging facility as ...

International Paper Co. said it will sell its global cellulose fibers business for $1.5 billion as part of its strategy to focus on sustainable packaging solutions.The Memphis-based company will be ...

American Industrial Partners has agreed to acquire International Paper's global cellulose fibers business for $1.5 billion. American Industrial, an industrials-focused investor, said Thursday that its ...

American Industrial Partners to acquire International Paper's Global Cellulose Fibers Division ...