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IP continues sale of forest assets

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Published in issue 16/2006
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International Paper (IP) continues to divest its forest assets. After the group unveiled plans in week 14 to sell around 5.1 million acres (2 million ha) of forestland for around $6.1bn to two investment groups, it announced in the middle of week 15 to have reached an agreement with The Lyme Timber Company regarding ...

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