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Could this paper products giant end up on the block?
The International Paper strike was a strike begun in 1987 by paper mill workers affiliated with the United Paperworkers' International Union (UPIU) at a number of plants in the United States owned by the International Paper (IP) company. The strike extended into 1988 and the company hired permanent replacements for workers.
The International Paper strike was a strike begun in 1987 by paper mill workers affiliated with the United Paperworkers' International Union (UPIU) at a number of plants in the United States owned by the International Paper (IP) company. The strike extended into 1988 and the company hired permanent replacements for workers.
The United Paperworkers' International Union (UPIU) was a labor union representing workers involved in making paper, and later various industrial workers, in the United States and Canada. The union was founded on August 9, 1972, when the International Brotherhood of Pulp, Sulphite and Paper Mill Workers merged with the United Papermakers and ...
Over the past 12 months, International Paper generated $1,516.0 million cash while it booked net income of $1,341.0 million. That means it turned 5.8% of its revenue into FCF. That sounds OK.
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