International Paper to sell remaining Russian interests
International Paper will sell its 50% interest in Ilim Group in Russia. (Mark Weber/The Daily Memphian file)
IP will sell its remaining interest to its joint venture partners for $484 million, according to a statement from the Memphis-based company.
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International Paper RussiaRob Moore
Rob Moore is an Arkansas native who moved to Memphis to attend the University of Memphis. He holds a B.A. and an M.A. in English. He covers Public Companies, Transportation and Logistics, and Banking and Finance.
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