Palantir a high-risk investment with ’a one-of-a-kind growth and margin model’
MEMPHIS - International Paper Company (NYSE:IP; LSE:IPC) has completed the divestiture of five European plants to PALM Group, fulfilling regulatory commitments required for its acquisition of DS Smith Plc, according to a Current Report on Form 8-K filed Tuesday.
The company stated it has now satisfied all obligations to the European Commission related to the DS Smith acquisition, which was completed earlier this year. The divestiture marks the final regulatory hurdle in the transaction that created an expanded packaging solutions provider.
International Paper, headquartered in Memphis, Tennessee with EMEA operations based in London, now employs more than 65,000 team members across operations in over 30 countries following the DS Smith integration. The combined company reported net sales of $18.6 billion for 2024.
The Form 8-K filing was announced in a press release statement by Joseph R. Saab, Senior Vice President, General Counsel and Corporate Secretary of International Paper.
The company describes itself as focused on the North American and EMEA regions following the acquisition, which was completed in 2025.
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