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

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

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’s closure of its Savannah paper mill will cost 1,100 jobs and likely will have an impact on SC's $23B ...

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 ...

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

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

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.

"Losing his job means losing our health insurance and financial security all at once. To be honest, this is terrifying to ...

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