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International Paper to close 5 sites in UK, putting 300 jobs at risk

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International Paper to close 5 sites in UK, putting 300 jobs at risk

May 26, 2025 1:04 PM

May 23 (Reuters) - International Paper ( IP ) said on

Friday it will close five packaging sites in Britain, cutting

around 300 jobs, citing tough industry conditions.

The company, which closed its $7.2 billion acquisition UK

paper and packing peer DS Smith earlier this year, said a

consultation process with employees and unions is ongoing.

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