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

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 ...

International Paper sells its Global Cellulose Fibers division, including Grande Prairie's operations. Announced early Aug.

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

International Paper Co. said it will sell its global cellulose fibers business for $1.5 billion as part of its strategy to focus on sustainable packaging solutions.The Memphis-based company will be ...

International Paper (IP) announced Thursday, Aug. 21, that it has entered into an agreement for its Global Cellulose Fibers ...

International Paper has agreed to sell its Global Cellulose Fibers (GCF) business to American Industrial Partners for $1.5 billion, including $190 million in preferred stock. The GCF division, which ...

American Industrial Partners has agreed to acquire International Paper’s global cellulose fibers division in a carve-out deal. No financial terms were disclosed. Headquartered in Memphis, ...

The company also will close a packaging facility and a timber and lumber mill, resulting in about 1,100 job cuts.

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