Edition:
United Kingdom

International Paper Co (IP.N)

IP.N on New York Stock Exchange

53.00USD
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

International Paper Will Not Make Offer To Acquire Smurfit Kappa
Tuesday, 5 Jun 2018 

June 5 (Reuters) - International Paper Co ::INTERNATIONAL PAPER WILL NOT MAKE OFFER TO ACQUIRE SMURFIT KAPPA.INTERNATIONAL PAPER WILL NOT MAKE OFFER TO ACQUIRE SMURFIT KAPPA.INTERNATIONAL PAPER CO - WILL NOT MAKE OFFER FOR SMURFIT KAPPA GROUP "GIVEN LACK OF ENGAGEMENT BY SMURFIT KAPPA'S BOARD OF DIRECTORS AND MANAGEMENT".  Full Article

Smurfit Kappa CEO says board's unanimous position on IP bid clearly outlined
Thursday, 24 May 2018 

May 24 (Reuters) - International Paper Co ::SMURFIT KAPPA CEO SAYS UNANIMOUS POSITION OF BOARD ON UNSOLICITED INTERNATIONAL PAPER APPROACH HAS BEEN CLEARLY OUTLINED.  Full Article

Smurfit Kappa says best interests served as independent company
Wednesday, 16 May 2018 

May 16 (Reuters) - International Paper Co ::SMURFIT KAPPA SAYS BOARD CONTINUES TO BELIEVE BEST INTERESTS SERVED BY PURSUING ITS FUTURE AS INDEPENDENT COMPANY.SMURFIT KAPPA SAYS WELCOMES CERTAINTY PROVIDED BY IRISH TAKEOVER PANEL DEADLINE.  Full Article

Daio Paper to merge with unit elleair paper
Tuesday, 15 May 2018 

May 15 (Reuters) - Daio Paper Corp <3880.T>:Says it plans to merge with its wholly owned unit elleair paper Co, with effective date on July 1.Says unit will be dissolved after merger .  Full Article

Smurfit Kappa CEO: comfortable with takeover position outlined to shareholders
Friday, 4 May 2018 

May 4 (Reuters) - Smurfit Kappa ::SMURFIT KAPPA CEO SAYS VERY COMFORTABLE WITH POSITION WE HAVE TAKEN, OUTLINED TO SHAREHOLDERS ON INTERNATIONAL PAPER BID.SMURFIT KAPPA CEO SAYS THERE WILL BE SOME CONSOLIDATION IN EUROPEAN PACKAGING INDUSTRY, NOT TO SAME EXTENT AS U.S..  Full Article

Smurfit Kappa Q1 earnings up 22 pct, FY seen materially better
Friday, 4 May 2018 

May 4 (Reuters) - International Paper Co ::SMURFIT KAPPA - Q1 UNDERLYING REVENUE GROWTH OF 7 PERCENT Y/Y, EBITDA GROWTH OF 22 PERCENT Y/Y TO 340 MILLION EUROS.SMURFIT KAPPA - EBITDA MARGIN OF 15.7 PERCENT, SIGNIFICANT Y/Y IMPROVEMENT REFLECTING CAPITAL INVESTMENT, PRICING INITIATIVES, STRONG DEMAND.SMURFIT KAPPA - IMPROVED NET DEBT TO EBITDA RATIO OF 2.2X; MEDIUM-TERM TARGET OF 1.75X TO 2.5X.SMURFIT KAPPA - FY OUTCOME EXPECTED TO BE MATERIALLY BETTER THAN 2017; DELIVERING CONTINUED EBITDA GROWTH.SMURFIT KAPPA - APPROVED OVER 230 MILLION EUROS OF NEW INVESTMENT AS PART OF CAPITAL PLAN BY END-APRIL.SMURFIT KAPPA - INTENDS TO INVEST OVER 600 MILLION EUROS IN CAPITAL EXPENDITURE FOR 2018.  Full Article

International Paper Reports Q1 Earnings Per Share $1.74
Thursday, 26 Apr 2018 

April 26 (Reuters) - International Paper Co ::INTERNATIONAL PAPER REPORTS FIRST QUARTER 2018 EARNINGS.Q1 ADJUSTED OPERATING EARNINGS PER SHARE $0.94.Q1 EARNINGS PER SHARE $1.74.Q1 SALES $5.6 BILLION VERSUS $5.1 BILLION.INTERNATIONAL PAPER SAYS "EXECUTED WELL IN A HEAVY OUTAGE QUARTER AND MANAGED THROUGH WEATHER RELATED DISRUPTIONS, DISTRIBUTION CHALLENGES".  Full Article

International Paper Co Says CEO Mark Sutton's FY 2017 Total Compensation Was $19.4 Mln VS $13.3 Mln In FY 2016
Thursday, 5 Apr 2018 

April 6 (Reuters) - International Paper Co ::INTERNATIONAL PAPER CO SAYS CEO MARK SUTTON'S FY 2017 TOTAL COMPENSATION WAS $19.4 MLN VS $13.3 MLN IN FY 2016 - SEC FILING.  Full Article

International Paper Sees $450 Mln Cost Savings From Smurfit Kappa Deal
Monday, 26 Mar 2018 

March 26 (Reuters) - International Paper Co ::INTERNATIONAL PAPER CO - HAS IDENTIFIED AT LEAST $450 MILLION RUN-RATE PRE-TAX COST SAVINGS BY END OF FOURTH YEAR IN RELATION TO SMURFIT KAPPA DEAL.  Full Article

Graphic Packaging Says U.S. FTC Granted Early Termination For Deal Between Co, International Paper, Others
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Graphic Packaging Holding Co ::GRAPHIC PACKAGING- ON NOV 22, U.S. FTC GRANTED EARLY TERMINATION OF WAITING PERIOD UNDER HART-SCOTT-RODINO ACT, FOR DEAL BETWEEN CO, INTERNATIONAL PAPER, OTHERS.  Full Article

Deals of the day-Mergers and acquisitions

June 6 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday: