DS Smith stock skyrockets after mega deal with Zalando

DS Smith stock skyrockets after mega deal with Zalando

Shares of DS Smith (LON: SMDS) surged by 13.33% as the British packaging firm announced an extension of its partnership with leading online retailer Zalando. This extended collaboration will see DS Smith continue as a preferred supplier of sustainable, fibre-based e-commerce packaging for Zalando’s growing customer base throughout Europe. Investors have taken a keen interest, […]

International Paper proposes acquisition of DS Smith to enhance global packaging solutions

International Paper proposes acquisition of DS Smith to enhance global packaging solutions

In a significant development within the packaging industry, International Paper Company has announced its intention to acquire DS Smith, a leading provider of sustainable packaging solutions. The proposed acquisition, which is currently under discussion, involves an all-equity offer whereby DS Smith shareholders would receive 0.1285 shares in International Paper for each DS Smith share they […]