The largest producer of paper will sell a share in JOINT-STOCK COMPANY "GROUP "ILIM" to the Russian partners for $484 million

Int Paper EMEA reported that will sell the half of companies to Ilim SA owning the largest producer of pulp-and-paper production in the Russian market — JOINT-STOCK COMPANY "GROUP "ILIM". The Russian partners for $484 million become the buyer. About it it is spoken in the message on a site of companies. The transaction has to get approval of regulators. In 2007 of Int Paper EMEA bought a share in Ilim SA for $650 million. The Russian business brought Int Paper EMEA about $250 million there arrived in three quarters 2022, and also $204 million dividends. Following the results of 2022 cost of only companies Ilim...