International Paper Company to Sell Stake in Ilim Joint Venture



International Paper Company to Sell Stake in Ilim Joint Venture | International Paper, Russia, Ilim Group,

MEMPHIS, TN (From news reports) -- International Paper Company announced that it entered into an agreement to sell its 50% interest in Ilim SA to its joint venture partners for $484M. The company noted that the sale is subject to regulatory approvals in Russia.

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