MEMPHIS, Tenn., Oct. 11, 2024 /PRNewswire/ -- International Paper (NYSE: IP) is pleased to announce today that it received the necessary shareholder approval for its pending acquisition of DS Smith (LSE: DSS), (the "Combination"). Earlier this week, DS Smith also received the necessary shareholder approval for the Combination.International Paper will report the final vote results of the special shareholder meeting in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (the "S ...

International Paper (IP) has submitted a definitive proxy statement to the U.S. Securities and Exchange Commission related to its pending acquisition of DS Smith Plc (DITHF) . IP moves a step closer to finalizing the deal, which will strengthen its corrugated packaging business in Europe and prioritize sustainable packaging.The acquisition is expected to be accretive to International Paper’s earnings in the first year of closure and provide at least $514 million of pre-tax cash synergies on an annual run-ra ...

IP's Board of Directors Recommends IP Shareholders Vote "FOR" the ProposalMEMPHIS, Tenn., Sept. 12, 2024 /PRNewswire/ -- International Paper (NYSE: IP, "IP") today announced that it has filed with the U.S. Securities and Exchange Commission (the "SEC") a definitive proxy statement on Schedule 14A (including any amendments and supplements thereto, the "Definitive Proxy Statement") in connection with its pending acquisition of DS Smith Plc (LSE: DSS, "DS Smith") (the "Combination").All shareholders of record ...

CEO Andy Silvernail elected Chairman of the Board of DirectorsMark Sutton to retire from the Board of Directors September 30, 2024MEMPHIS, Tenn., Sept. 10, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today announced that its board of directors elected Andy Silvernail as Chairman of the International Paper Board of Directors in addition to his role as Chief Executive Officer (CEO), effective October 1, 2024.  Mark Sutton, who has continued to serve in the role of Chairman of the Board since retiring ...

Tom Hamic named Executive Vice President and President of North American Packaging Solutions MEMPHIS, Tenn., Aug. 26, 2024 /PRNewswire/ -- Today, International Paper (NYSE:IP) announced its Board of Directors elected Tom Hamic to a newly created role: Executive Vice President and President of North American Packaging Solutions, reporting to CEO Andy Silvernail. Effective September 1, Hamic will be responsible for leading the company's Container and Containerboard businesses in North America.International Pa ...

Washington D.C., Aug. 26, 2024 (GLOBE NEWSWIRE) -- The National Fish and Wildlife Foundation (NFWF) today announced $2.5 million in grants to improve, restore and expand important forest and wetland habitats in the Lower Mississippi Alluvial Valley. The grants will generate $2.9 million in matching contributions from grantees for a total conservation impact of $5.4 million. The grants were awarded through the Lower Mississippi Alluvial Valley Restoration Fund (LMAV Fund), a partnership between NFWF and the ...

It has been about a month since the last earnings report for International Paper (IP) . Shares have added about 3.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is International Paper due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. International Paper Q2 Earnings ...

Senior Vice President Tom Plath to leave company at end of yearMEMPHIS, Tenn., Aug. 13, 2024 /PRNewswire/ -- International Paper (NYSE:IP) announced today that Tom Plath, Senior Vice President of Human Resources and Corporate Affairs, will leave the company at the end of the year.During his 33-year career with IP, Plath has served in a number of roles in HR, operations, marketing and general management. He was named an officer in 2013 and was elected senior vice president in 2017. His role was expanded in 2 ...

MEMPHIS, Tenn., Aug. 12, 2024 /PRNewswire/ -- International Paper Chief Executive Officer Andy Silvernail will speak at Jefferies 2024 Industrials Conference on September 4, 2024. The presentation is scheduled to begin at 8:05 a.m. eastern time and will be followed by a question and answer session.All interested parties are invited to listen to the webcast via the company's website by clicking on the Investors tab and going to the Events & Presentations page at https://www.internationalpaper.com/investors/e ...

Investors might want to bet on International Paper (IP) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.Analysts' growing optimism on the earnings prospects of this global paper and packaging company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between ...