International Paper fully divests Russian interests
International Paper first announced in March 2022 it was considering selling its ownership interest in Ilim following Russia’s invasion of Ukraine the month prior. (Courtesy IP)
The Memphis-based company first announced in January it would sell its remaining interest to its joint venture partners for $484 million.
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International Paper Co. Ilim Group Russian invasion of UkraineRob Moore
Rob Moore covers North Mississippi for The Daily Memphian. He holds a B.A. and an M.A. in English from The University of Memphis.
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