International Paper To Explore Strategic Options For Ownership Interest In Ilim Group

MEMPHIS, Tenn., March 11, 2022 /PRNewswire/ — International Paper (NYSE:IP) announced its intention to explore strategic options, including the possible sale, of its 50% ownership interest in Ilim Group.

MEMPHIS, Tenn., March 11, 2022 /PRNewswire/ — International Paper (NYSE:IP) announced its intention to explore strategic options, including the possible sale, of its 50% ownership interest in Ilim Group. International Paper has no intention to seek suspension of operations or initiate any liquidation or bankruptcy proceedings with respect to Ilim Group.

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