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International Paper Completes Sale of Ownership Interest in Ilim Joint Venture

PR Newswire - Mon Sep 18, 2023

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.

Read more at prnewswire.com

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

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