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

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

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

American Industrial Partners ("AIP"), a focused industrials investor, today announced its affiliate has signed a definitive ...

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.

American Industrial Partners has agreed to acquire International Paper’s global cellulose fibers business for $1.5 billion.

International Paper will close mills in Alabama and Georgia that will lead to layoffs of more than 1,000 employees.

As part of its restructuring, the company will permanently close its Savannah containerboard mill and packaging facility as ...

International Paper Co. said it will sell its global cellulose fibers business for $1.5 billion as part of its strategy to ...

American Industrial Partners has agreed to acquire International Paper's global cellulose fibers business for $1.5 billion. American Industrial, an industrials-focused investor, said Thursday that its ...

American Industrial Partners to acquire International Paper's Global Cellulose Fibers Division ...