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Stock impact report

International Paper to acquire North Pacific Paper Company for $360m [Yahoo! Finance]

International Paper Company (IP) 
Last international paper company earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: internationalpaper.com/performance
Company Research Source: Yahoo! Finance
NORPAC runs a paper mill in Longview, Washington, US. The site has 500 employees and three paper machines, with an annual output of around one million tonnes of containerboard and other paper grades. One Rock Capital Partners co-founder and managing partner Tony Lee said: "NORPAC is a high-quality business built on the strength of its first-rate management team and employees. "We are proud to have achieved together a years-long transformation of NORPAC during our ownership. We believe this transaction with International Paper underscores the value created at NORPAC and positions the company for continued success as part of a larger platform." International Paper said the mill would add to its existing network, with the deal expected to improve operational flexibility, reduce costs and widen its ability to meet demand for lightweight recycled containerboard. The transaction remains subject to regulatory clearance. International Paper Packaging Solutions North America execu Show less Read more
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