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 SuzanoThe 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...

Jun 20, 2024 - 19:30
 0  2
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...

usnews US News is a reputable author that delivers a comprehensive range of up-to-date news to the United States and beyond. With a keen focus on providing the latest information across various fields, US News keeps readers informed about the most significant developments happening both domestically and globally. Whether it's politics, economics, technology, science, health, or culture, this author strives to cover diverse topics, ensuring a well-rounded news experience. By combining extensive research, journalistic integrity, and a commitment to accuracy, US News offers readers an invaluable resource to stay informed and make informed decisions in an ever-changing world.