SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
April 21, 1995
Date of Report (Date of Earliest Event Reported)
INTERNATIONAL PAPER COMPANY
(Exact name of Registrant as specified in its charter)
New York 1-3157 13-0872805
(State of (Commission (IRS Employer
Incorporation) File) Identification
Number)
Two Manhattanville Road, Purchase, NY 10577
(Address of Principal executive offices)
914-397-1500
(Telephone No.)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
ITEM 1. CHANGES IN CONTROL OF REGISTRANT
N/A
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
N/A
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
N/A
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
N/A
ITEM 5. OTHER EVENTS
The Company announced that, through its New Zealand-based
subsidiary, it now owns or has purchased in the open market and
through a private transaction more than 50% of the ordinary
shares of Carter Holt Harvey Limited, a New Zealand-based forest
products company.
ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS
N/A
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements:
N/A
(b) Pro Forma Financial Information:
N/A
2
(c) Exhibits:
(99) Press release, dated April 21, 1995, announcing that the
Company had acquired over 50% of the ordinary shares of
Carter Holt Harvey Limited.
ITEM 8. CHANGES IN FISCAL YEAR
N/A
Signatures
----------
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
INTERNATIONAL PAPER COMPANY
(Registrant)
Date: April 21, 1995 /s/ SYVERT E. NERHEIM
Purchase, NY -----------------------------
Syvert E. Nerheim
Assistant Secretary
3
EXHIBIT INDEX
Exhibit No. Exhibit Description
- ----------- -------------------
99 Press release, dated April 21, 1995, announcing that
the Company had acquired over 50% of the ordinary
shares of Carter Holt Harvey Limited.
INTERNATIONAL PAPER 2 MANHATTANVILLE ROAD
PURCHASE, NY 10577
News Release
Media Contact Analyst Contact
Carl Gagliardi Carol Tutundgy
(914) 397-1666 (914) 397-1632
Michelle Sawatka
(914) 397-1652
April 21, 1995
PURCHASE, N.Y. -- International Paper confirmed today that, through its New
Zealand-based subisidary, it now owns or has purchased more than 50 percent of
the shares of stock in Carter Holt Harvey (CHH), a New Zealand-based forest
products company. Accordingly, the company announced that it was ending its
"stand in the market."
International Paper originally bought 16 percent of CHH's stock four years
ago in a joint-venture partnership with Brierley Investments Limited (BIL). In
March, 1994, it bought about half of BIL's 16 percent interest in CHH. BIL sold
its shares of CHH stock to International Paper on April 12, 1995 bringing
International Paper's ownership of CHH stock to 31.3 percent. The remaining
325.8 million shares of CHH stock were acquired by International Paper through a
"stand in the market" for NZ $1.238 billion (U.S. $831.4 million) or NZ $3.80 a
share.
International Paper, headquartered in Purchase, N.Y., is a worldwide
producer of printing papers, packaging and forest products. The company also
operates specialty businesses and a broadly-based paper distribution network.
International Paper has manufacturing operations in 28 countries and exports its
products to more than 130 nations.
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