International Paper (NYSE: IP), a global leader in packaging and paper products, has announced a definitive agreement to acquire DS Smith Plc (LSE: SMDS), a prominent UK-based manufacturer of sustainable corrugated packaging, in a deal valued at approximately $9.9 billion, including assumed net debt. The all-share transaction will see International Paper’s shareholders owning 66.3% and […]
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 […]