Memphis-based International Paper said on Jan. 29 it would split into two publicly traded companies by spinning off its European packaging business, aiming to streamline its operations and boost ...

This story has been update with comments from the Greater Memphis Chamber. Memphis-based International Paper said on Jan. 29 it would split into two publicly traded companies by spinning off its ...

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Jan 29 (Reuters) - International Paper said on Thursday it would split into two publicly traded companies by spinning off its European packaging business. Shares of the paper and packaging producer ...