International Paper Sells Printing & Writing Business for $1.5B

TL;DR

IP selling printing paper biz to Suzano for $1.5B. Big shift incoming.

AI Summary

International Paper Company announced on September 24, 2025, that it has entered into a definitive agreement to sell its printing and writing paper business to a subsidiary of Suzano S.A. for approximately $1.5 billion in cash. The transaction is expected to close in the second half of 2026, subject to customary closing conditions and regulatory approvals.

Why It Matters

This divestiture signals a strategic shift for International Paper, allowing it to focus on its packaging and industrial businesses, potentially leading to improved profitability and market positioning.

Risk Assessment

Risk Level: medium — The sale is subject to closing conditions and regulatory approvals, introducing uncertainty regarding the finalization and terms of the transaction.

Key Numbers

• $1.5B — Sale Price (Cash consideration for the printing and writing paper business)
• 2026 — Expected Closing Year (Anticipated timeframe for the transaction to be finalized)

Key Players & Entities

• International Paper Company (company) — Registrant
• Suzano S.A. (company) — Acquiring entity's parent company
• $1.5 billion (dollar_amount) — Sale price of the printing and writing paper business
• September 24, 2025 (date) — Date of the definitive agreement
• New York (location) — State of incorporation
• Memphis, Tennessee (location) — Principal executive offices

FAQ

Key Financial Figures

• $1 — ange on which registered Common Stock, $1 per share par value IP New York Stock E

Filing Documents

• ip-20250924.htm (8-K) — 25KB
• 0001628280-25-042938.txt ( ) — 170KB
• ip-20250924.xsd (EX-101.SCH) — 2KB
• ip-20250924_def.xml (EX-101.DEF) — 14KB
• ip-20250924_lab.xml (EX-101.LAB) — 25KB
• ip-20250924_pre.xml (EX-101.PRE) — 15KB
• ip-20250924_htm.xml (XML) — 3KB

01. Other Events

Item 8.01. Other Events As previously disclosed, on August 20, 2025, International Paper Company, a New York corporation (the "Company"), International Paper Holdings (Luxembourg) S. r.l., private limited liability company (socit responsabilit limite) organized and existing under the laws of the Grand Duchy of Luxembourg ("IP Lux Holdings"), English Oak, LLC, a Delaware limited liability company ("English Oak," and together with the Company and IP Lux Holdings, the "Sellers"), Absorbent Fiber Topco, Inc., a Delaware corporation ("Parent"), Absorbent Fiber Bidco, Inc., a Delaware corporation and an indirect wholly owned subsidiary of Parent ("Paper Acquisition US") and Absorbent Fiber Acquisitions Canada, Ltd., an Alberta corporation and a direct wholly owned subsidiary of Paper Acquisition US ("Paper Acquisition Canada," and together with Paper Acquisition US, collectively, "Buyer"), entered into a Securities Purchase Agreement (the "Sale Agreement"), pursuant to which, among other things, the Sellers will sell to Buyer all of the issued and outstanding equity interests of GCF US Holdings LLC, a Delaware limited liability company, GCF (Asia) Limited, a Hong Kong limited company, International Paper Cellulose Fibers (Poland) sp. z o.o., a limited liability company (spka z ograniczon odpowiedzialnoci) organized and existing under the laws of the Republic of Poland and International Paper Canada Pulp Holdings ULC, an unlimited liability corporation organized under the laws of the Province of Alberta, which entities represent all of the Company's Global Cellulose Fibers ("GCF") business (the "Transaction"). The Transaction is conditioned on, among other things, the expiration or early termination of the statutory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), and other required regulatory approvals. On September 24, 2025, the Federal Trade Commission granted early termination of the waiting period under th

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. International Paper Company Date: September 26, 2025 By: /s/ Joseph R. Saab Name: Joseph R. Saab Title: Senior Vice President, General Counsel and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR