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. ...

Transaction strengthens Eaton’s position and ability to accelerate enhanced offerings for aerospace customers Expecting accretive margins and growth DUBLIN--(BUSINESS WIRE)-- Intelligent power management company Eaton today announced it has completed the acquisition of Ultra PCS Limited from the Cobham Ultra Group. Ultra PCS’s innovative solutions for safety and mission critical aerospace systems supplement Eaton’s portfolio for both military and civilian...

TORONTO, Jan 23 (Reuters) - Canadian miner Barrick's efforts to spin off its North American assets will hinge on the company's joint venture partner Newmont ( NEM ), according to documents seen by Reuters and former Barrick executives that demonstrate a reversal of fortunes for two global mining companies. Denver-based Newmont's ( NEM ) power over Barrick's strategy is a...

Jan 23 (Reuters) - U.S. Vice President JD Vance expressed hope that pressure over U.S.-listed e-commerce company Coupang ( CPNG ) stemming from a mass data leak could be ‌resolved, South Korea Prime Minister Kim Min-seok was quoted as saying by ​media. Kim is visiting the U.S. to meet senior ‍officials and lawmakers and discuss matters including ⁠the implementation of...