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TCW STRATEGIC INC FUND INC COM NPV(S/R 18/03/2026)WI

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<p>International Paperannounced plans to split into two publicly traded companies by spinning off its European packaging business. Shares rose about 5% in premarket trading. The company, which holds a significant share of the North American corrugated packaging market, has been divesting assets in Europe following its $7.22 billion acquisition of DS Smith. The separation is expected to be completed in 12-15 months amid slowing demand for box shipments due to cautious consumer spending and trade uncertainties.</p>

Reuters

International Paper

DS Smith Plc

Packaging firm International Paper to split into two companies

WOOD

<p>International Paper has finalized the sale of its Global Cellulose Fibers business to American Industrial Partners for $1.5 billion. This transaction includes preferred stock valued at $190 million. The GCF business, which generated approximately $2.3 billion in revenue in 2024, produces high-quality pulp for various personal care products and sustainable materials. International Paper, headquartered in Memphis, employs over 65,000 people globally and reported net sales of $18.6 billion in 2024.</p>

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International Paper Completes Sale of Global Cellulose Fibers Business to American Industrial Partners (AIP) | IP Stock News

Pacer International Export Leaders ETF(PIEL.US)

Packaging firm International Paper to split into two companies

International Paper Completes Sale of Global Cellulose Fibers Business to American Industrial Partners (AIP) | IP Stock News