International Paper Mulls Sale of Carter Holt Harvey Stake

摘要

International Paper said that it will explore strategic alternatives for its 50.5 percent stake in Carter Holt Harvey(CHH)."Carter Holt has a great business position in Australasia.We have confidence in the management of CHH and their strategy to improve and grow the business.However,many aspects of our original plans for investment in CHH have changed,and we've decided to reassess the role of CHH in IP's global portfolio,"said John Faraci,chairman and CEO of International Paper.