International Paper Announces Strategic Entry into India, Agrees to Purchase Shares of Andhra Pradesh Paper Mills
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International%20Paper<%2Fa>%20(NYSE%3A%20IP)%20has%20entered%20into%20agreements%20with%20Mr.%20L.N.%20Bangur,%20and%20related%20family%20members%20and%20affiliates%20to%20purchase%20approximately%2053.5%20percent%20of%20the%20outstanding%20shares%20of%20Andhra%20Pradesh%20Paper%20Mills%20Limited<%2Fa>%20(NSE%3A%20APPAPER%20|%20BSE%3A%20502330)%20for%20approximately%20US$257%20million%20in%20cash.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.bookbusinessmag.com%2Farticle%2Finternational-paper-enter-india-purchase-shares-andhra-pradesh%2F" target="_blank" class="email" data-post-id="5746" type="icon_link">
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About International Paper
International Paper (NYSE: IP) is a global paper and packaging company with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. Its businesses include uncoated papers and industrial and consumer packaging, complemented by xpedx, the company's North American distribution company. Headquartered in Memphis, Tenn., the company employs about 59,500 people in more than 24 countries and serves customers
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