STATEMENT REGARDING POSSIBLE EMEA PACKAGING BUSINESS SALE
The planned spin off remains in progress while International Paper evaluates a potential sale in parallel.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
International Paper (IP) is discussing a possible sale of its EMEA Packaging Business with potential bidders following unsolicited inquiries. Discussions are at an early stage, with no certainty of an agreed or completed sale. The company is also progressing a spin off, expected through a London Stock Exchange listing with a Level II American depositary receipt program on the New York Stock Exchange. The separation's ultimate timing and structure remain uncertain.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointEMEA Packaging Business spin off is progressing alongside evaluation of a potential sale.
- Moderate pointUnsolicited inquiries have led to discussions with potential bidders for the EMEA Packaging Business.
Negative
- Moderate pointSale discussions remain at an early stage, with no certainty a sale will be agreed or completed.
- Moderate point. Forward-looking: it has not happened yet and may not happen.The proposed separation's ultimate timing and structure remain uncertain.
AI-generated analysis. How Rhea-AI works. Not financial advice.

On January 29, 2026, the Company announced that its EMEA Packaging Business was expected to be separated by way of a spin off (the "spin off"). On October 14, 2026, the Company confirmed that the spin off was expected to be effected through a listing of the business on the London Stock Exchange with a Level II ADR program to be listed on the New York Stock Exchange.
The Company confirms that it is also evaluating unsolicited inbound inquiries in relation to its EMEA Packaging Business, and is in discussion with potential bidders. This process is at an early stage and there can be no certainty that any sale of the EMEA Packaging Business will be agreed or completed.
The Company is progressing the spin off and evaluating the potential sale in parallel. No assurance can be provided at this stage regarding the ultimate timing or structure of the proposed separation of the EMEA Packaging Business from International Paper.
As announced on October 14, 2026, in connection with the spin off, International Paper will host a "DS Smith – Capital Markets Day" on November 3, 2026.
About International Paper
International Paper creates sustainable packaging solutions that enable our customers, teammates and shareowners to thrive in an ever-changing world. We are a leader in corrugated packaging, partnering with customers across industries to protect what matters most, strengthen supply chains and create lasting value. Learn more at internationalpaper.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements can be identified by the use of forward-looking or conditional words such as "expects," "anticipates," "believes," "estimates," "could," "should," "can," "forecast," "outlook," "intend," "look," "may," "will," "remain," "confident," "commit" and "plan" or similar expressions. These forward-looking statements reflect management's current views and are subject to risks and uncertainties that could cause actual results and the timing of events to differ materially from those expressed or implied in these forward-looking statements. These risks and uncertainties include the risks that neither the Proposed Sale or the Spin Off will happen on a timely basis or at all, the Company's ability to achieve the desired outcome and realize the anticipated benefits from the Separation and the potential uncertainty and disruption during the pendency of the Separation. These forward-looking statements are also subject to the risks and uncertainties contained in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission on February 27, 2026, and subsequent reports filed with the SEC. In addition, other risks and uncertainties not presently known to the Company or that we currently believe to be immaterial could affect the accuracy of any forward-looking statements. The Company undertakes no obligation to publicly update any forward-looking statements contained in this press release, whether as a result of new information, future events or changes in expectations.
Contacts
Media: newsroom@ipaper.com
Investors: Mandi Gilliland; 901-419-4595; Michele Vargas, 901-419-7287
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SOURCE International Paper
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Is International Paper selling its EMEA Packaging Business?
International Paper is evaluating unsolicited inquiries and discussing a potential sale with bidders, but no sale is certain. The process is at an early stage, and the company continues progressing the spin off in parallel.
How does International Paper expect to spin off its EMEA Packaging Business?
The company expects the spin off to use a London Stock Exchange listing with a Level II American depositary receipt program listed on the New York Stock Exchange. The ultimate timing and structure of the proposed separation remain uncertain.