International Paper Spinoff to Host Virtual Investor Day
August 30, 2021
MEMPHIS, Tenn. (News release) -- International Paper global papers spinoff, Sylvamo Corporation, will host an Investor Day event Sept. 9, from 10 a.m. until noon EDT (9-11 a.m. CDT).
All interested parties are invited to attend the event at investors.sylvamo.com, which launches next week. Registration is required. A replay will be online approximately two hours after the call.
In December 2020, International Paper announced plans to spin its global papers business into a separate, publicly traded company in late 2021. The spinoff is subject to final approval by the International Paper board of directors. Sylvamo is currently a subsidiary of International Paper.
Sylvamo will employ approximately 7,000 colleagues in Europe, Latin America and North America.