International Paper has found a buyer for 50% of the Ilim group
THIS MATERIAL (INFORMATION) IS PRODUCED AND DISTRIBUTED BY A FOREIGN AGENT OF THE BELL OR IS RELATED TO THE ACTIVITIES OF A FOREIGN AGENT OF THE BELL. 18+ American International Paper, the largest foreign investor in the Russian pulp and paper industry, has finally found buyers for the assets. It will sell its 50% stake in the Swiss Ilim SA, which controls the Ilim group, to Russian partners for $484 million, as well as a direct ownership stake in the group for another $24 million.