International Paper Shares Rise After Confirming Talks With Potential Bidders for EMEA Packaging Business Sale

02:52 PM EDT, 10/15/2026 (MT Newswires) -- International Paper (IP) shares were up 7.1% in Thursday trading after the company confirmed that it is in talks with potential bidders about a possible sale of its EMEA Packaging Business. The company said it is moving toward the previously announced spin-off of the business and is assessing the potential sale. There is no certainty any sale will materialize as the process is still in the early stage, the company added. Price: 34.18, Change: +2.28, Percent Change: +7.13