International Paper Company
09/26/2025 | Press release | Distributed by Public on 09/26/2025 14:24
Material Event (Form 8-K)
Item 8.01. Other Events
As previously disclosed, on August 20, 2025, International Paper Company, a New York corporation (the "Company"), International Paper Holdings (Luxembourg) S.à r.l., private limited liability company (société à responsabilité limitée) organized and existing under the laws of the Grand Duchy of Luxembourg ("IP Lux Holdings"), English Oak, LLC, a Delaware limited liability company ("English Oak," and together with the Company and IP Lux Holdings, the "Sellers"), Absorbent Fiber Topco, Inc., a Delaware corporation ("Parent"), Absorbent Fiber Bidco, Inc., a Delaware corporation and an indirect wholly owned subsidiary of Parent ("Paper Acquisition US") and Absorbent Fiber Acquisitions Canada, Ltd., an Alberta corporation and a direct wholly owned subsidiary of Paper Acquisition US ("Paper Acquisition Canada," and together with Paper Acquisition US, collectively, "Buyer"), entered into a Securities Purchase Agreement (the "Sale Agreement"), pursuant to which, among other things, the Sellers will sell to Buyer all of the issued and outstanding equity interests of GCF US Holdings LLC, a Delaware limited liability company, GCF (Asia) Limited, a Hong Kong limited company, International Paper Cellulose Fibers (Poland) sp. z o.o., a limited liability company (spółka z ograniczoną odpowiedzialnością) organized and existing under the laws of the Republic of Poland and International Paper Canada Pulp Holdings ULC, an unlimited liability corporation organized under the laws of the Province of Alberta, which entities represent all of the Company's Global Cellulose Fibers ("GCF") business (the "Transaction").
The Transaction is conditioned on, among other things, the expiration or early termination of the statutory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), and other required regulatory approvals.
On September 24, 2025, the Federal Trade Commission granted early termination of the waiting period under the HSR Act.
The Transaction remains subject to the remaining customary closing conditions and approvals and the receipt of other required regulatory approvals.
International Paper Company published this content on September 26, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 26, 2025 at 20:24 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]