Graphic Packaging and International Paper form $6bn paper packaging partnership

Graphic Packaging will run a new paper-based packaging partnership with International Paper's Consumer Packaging business, holding 79.5% while IP keeps 20.5%. The partnership is valued at about $6bn and will assume $660m of IP debt.

“Under the terms of the agreement, Graphic Packaging will operate the partnership with a 79.5% interest, while the remaining 20.5% stake will be with IP”inside-packaging.nridigital.com

• 3 sources
• inside-packaging.nridigital.comNews - Inside Packaging | Issue 37 | November 2017Oct 25, 2017
• investors.graphicpkg.comGraphic Packaging Agrees to Acquire Seydaco Packaging Corp. and its Affiliates :: Graphic Packaging Holding Company (GPK)Nov 9, 2017
• ecma.orgGraphic Packaging Agrees to Acquire Seydaco Packaging Corp. and its Affiliates | ECMA – European Carton MakersDec 8, 2017

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