Mergers & Acquisitions
By The Online Investor Staff, updated Fri., Apr. 19, 1:37 AM
Slide #19. International Paper — DS Smith Plc
Acquirer: |
International Paper (NYSE:IP) |
Acquiree: |
DS Smith Plc |
Details: |
International Paper (NYSE: IP, "IP") and DS Smith Plc (LSE: SMDS, "DS Smith") today announced that they have reached agreement on the terms of a recommended all-share combination (the "Combination"), creating a truly global leader in sustainable packaging solutions. |
International Paper is a producer of renewable fiber-based packaging and pulp products with manufacturing operations in North America, Latin America, Europe and North Africa. Co.'s businesses are separated into two segments: Industrial Packaging, which manufactures containerboard, such as linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft; and Global Cellulose Fibers, which is a producer of fluff pulp which is used to make absorbent hygiene products like baby diapers, feminine care, adult incontinence and other non-woven products.
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Preferred: INPAP
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April 19, 2024 1:37 AM Eastern
Buy (2.62 out of 4)
100th percentile
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