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International Paper to Explore Options for Ownership Interest in Ilim Group

Announced its intention to explore strategic options, including possible sale, of its 50% ownership interest in Ilim Group.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

International Paper announced its intention to explore strategic options, including the possible sale, of its 50% ownership interest in Ilim Group. International Paper has no intention to seek suspension of operations or initiate any liquidation or bankruptcy proceedings with respect to Ilim Group. 

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