secwatch.observer — SEC 8-K summary
======================================

Issuer:     INTERNATIONAL PAPER CO /NEW/ (IP)
CIK:        0000051434
Form:       8-K
Filed at:   2025-04-14T23:59:59+00:00
Accession:  0001193125-25-079597
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

International Paper enters exclusive talks to divest 5 European plants to PALM, fulfilling DS Smith remedy
--------------------------------------------------------------------------------

- Plants in France (3, in Normandy), Portugal (Ovar), and Spain (Bilbao).
- Definitive SPA expected after French works council consultation; closing by Q2 2025.
- Divestment required by European Commission for approval of DS Smith Plc acquisition.
- Transaction subject to EC approval of PALM as purchaser; IP will then satisfy all EU obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/51434/000119312525079597/0001193125-25-079597-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/51434/000119312525079597/d160881d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-079597

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer