International Paper Sets Date for EMEA Packaging Spin-off Briefing

The upcoming Capital Markets Day marks a critical milestone in International Paper’s plan to carve out its European, Middle East, and Africa packaging operations. Future CEO Tim Nicholls and future CFO Vincent Bonnot will lead the presentation, detailing the new company's business model, growth strategy, and long-term financial objectives for the European market. The event, scheduled from 13:00 to 17:00 GMT, will be broadcast via a live webcast for global investors.

This transition is slated to occur via a spin-off, resulting in a listing on the London Stock Exchange alongside a Level II ADR program on the New York Stock Exchange. The completion of the separation remains contingent upon final approval from the International Paper Board of Directors, as well as regulatory clearance from the U.S. Securities and Exchange Commission and the U.K. Financial Conduct Authority. While leadership is moving forward with the organizational split, the firm noted that the final timing and structure of the spin-off are still subject to customary closing conditions.