Brief: International Paper To Close 5 Sites In UK
23/05/2025 07:18
May 23 (Reuters) - International Paper Co IP.N: UPDATE TO STATED POST-OFFER INTENTION STATEMENTS WITH REGARD TO DS SMITH PLC CONFIRM A PROPOSAL TO CLOSE FIVE OF ITS PACKAGING SITES IN UNITED KINGDOM PROPOSES RELOCATION AND OPERATIONAL CHANGES AT UK SITES PROPOSALS EXPECTED TO AFFECT ABOUT 300 ROLES BY YEAR-END EXPECTS PROPOSALS WOULD BE IMPLEMENTED BY END OF THIS CALENDAR YEAR AND THAT ABOUT 300 ROLES MAY BE AFFECTED Source text: ID:nRSW8778Ja Further company coverage: IP.N ((Reuters.Briefs@thomsonreuters.com;))