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International Paper Shares Rise 7.4% as Firms Weigh Packaging Bids

Lone Star and Atlas Holdings are evaluating possible multibillion-dollar bids for International Paper's European packaging business.

Corrugated sheets move along a European packaging plant production line / TokenPost.ai
Corrugated sheets move along a European packaging plant production line / TokenPost.ai

International Paper shares were up 7.4% at 1:30 p.m. ET (17:30 UTC) Thursday, Oct. 15, as Lone Star and Atlas Holdings are evaluating possible bids worth billions for the company's European packaging business.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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