{"schema_version":"secwatch.filing_event.v1","accession":"0000051434-25-000059","form_type":"8-K","ticker":"IP","cik":"0000051434","company_name":"INTERNATIONAL PAPER CO /NEW/","filed_at":"2025-08-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.129432+00:00","generated_at":"2026-05-17T10:59:17.325702+00:00","sec_items":["1.01","2.05","2.06","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"IP to sell Global Cellulose Fibers for $1.5B; expects $700-900M impairment; closes three Georgia plants","bullets":["Sale of GCF to American Industrial Partners for $1.5B (including $190M preferred) expected to close by end-2025.","Non-cash impairment charge of $700M-$900M to be recorded in Q3 2025; GCF classified as held for sale.","$250M investment to convert Riverdale mill #16 machine to containerboard by Q3 2026.","Permanent closure of Savannah mill, Savannah box plant, and Riceboro mill by end of September 2025.","Net reduction of containerboard capacity by ~1M tons; approximately 1,100 positions impacted."],"urls":{"canonical":"https://secwatch.observer/filing/0000051434-25-000059","json":"https://secwatch.observer/filing/0000051434-25-000059.json","markdown":"https://secwatch.observer/filing/0000051434-25-000059.md","text":"https://secwatch.observer/filing/0000051434-25-000059.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/51434/000005143425000059/0000051434-25-000059-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/51434/000005143425000059/ip-20250820.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T10:59:17.325702+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"983197852e1f96577dd69c2f6a6bd01829b4e198","claim":"INTERNATIONAL PAPER CO /NEW/ announced a impairment with charges of between approximately $700 million and $900 million affecting Global Cellulose Fibers (GCF) business.","evidence_excerpt":"In connection with the Transaction, on August 20, 2025, the Company determined that it expects to incur a non-cash impairment charge between approximately $700 million and $900 million, as a result of the sale price compared to the estimate of the current net asset value of the GCF business.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/51434/000005143425000059/0000051434-25-000059-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"impairment"},{"label":"Charge","value":"between approximately $700 million and $900 million"},{"label":"Affected area","value":"Global Cellulose Fibers (GCF) business"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}