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International Paper Closes Divestment of Business Unit to American Industrial Partners
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International Paper Closes Divestment of Business Unit to American Industrial Partners
Mar 11, 2026 1:33 AM

04:13 PM EST, 01/23/2026 (MT Newswires) -- International Paper ( IP ) said late Friday it closed the sale of its Global Cellulose Fibers business to American Industrial Partners for $1.50 billion.

The sale also included the issuance of preferred stock to International Paper ( IP ) with an initial liquidation preference of $190 million, according to a statement.

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