---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-236562"
form_type: "8-K"
ticker: "IP"
cik: "0000051434"
company_name: "INTERNATIONAL PAPER CO /NEW/"
filed_at: "2023-09-18T23:59:59+00:00"
generated_at: "2026-06-10T15:30:35.320497+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# International Paper completes sale of 50% Ilim JV stake for $484M; total $508M cash

## Summary
- Sold 50% interest in ILIM SA to JV partners for $484M cash, plus shares in JSC Ilim Group for $24M.
- Total cash consideration received for all interests in Ilim and JSC Ilim Group is $508M.
- With this transaction, International Paper has divested all of its ownership interests in Ilim.
- The sale was effected via an offer from Dec 2022 accepted in Jan 2023 and closed on Sept 18, 2023.

## SEC filing metadata
- accession: 0001193125-23-236562
- form_type: 8-K
- ticker: IP
- cik: 0000051434
- company_name: INTERNATIONAL PAPER CO /NEW/
- filed_at: 2023-09-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/51434/000119312523236562/0001193125-23-236562-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/51434/000119312523236562/d547886d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-236562
- JSON: https://secwatch.observer/filing/0001193125-23-236562.json
- Plain text: https://secwatch.observer/filing/0001193125-23-236562.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.