21.3 C
New York
June 7, 2025
Americas Brazil Business FTSE Mergers and acquisitions news Packaging UK news US news World news

DS Smith’s £5.8bn takeover by US rival going ahead despite competition

DS Smith’s £5.8bn takeover by US rival going ahead despite competition

Merger with International Paper moving at ‘absolutely full steam’ in face of separate interest from Brazil’s Suzano

The boss of the FTSE 100 company DS Smith has said its £5.8bn takeover by a US rival is going at “absolutely full steam”, despite concerns it could be derailed by another packaging sector merger.

Miles Roberts, DS Smith’s chief executive, said merger work with International Paper was “going very well” and that he definitely expected the deal to complete.

Continue reading…

Related posts

Chinese artefacts in repatriation row were ‘given willingly’ to British Museum

TheWorldsNews

Grand Cayman shooting leaves seven seriously injured at football match

TheWorldsNews

Havana explosion: eight killed and 19 injured in hotel blast

TheWorldsNews

Pin It on Pinterest

Share This