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International Paper to Explore Options for Ownership Interest in Ilim Group

Announced its intention to explore strategic options, including possible sale, of its 50% ownership interest in Ilim Group.

International Paper announced its intention to explore strategic options, including the possible sale, of its 50% ownership interest in Ilim Group. International Paper has no intention to seek suspension of operations or initiate any liquidation or bankruptcy proceedings with respect to Ilim Group. 

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