Packaging firm International Paper explores breakup, Bloomberg News reports

Reuters

01/29

Jan 29 (Reuters) - International Paper IP.N is considering splitting into two publicly traded companies by spinning off its European packaging business, Bloomberg News reported on Thursday, citing people familiar with the matter.

(Reporting by Savyata Mishra in Bengaluru; Editing by Shilpi Majumdar)

((Savyata.Mishra@thomsonreuters.com;))

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