International Paper Aktie News

DS Smith PLC (LSE:SMDS) has agreed to a 415p-per-share offer from US packing group International Paper, putting an end to lengthy negotiations with rival domestic bidder Mondi PLC (LSE:MNDI). Talks were still ongoing between DS Smith and Mondi as late as last week when Memphis-based International Paper tabled a knock-out £5.8 billion offer.

International Paper said on Tuesday it has agreed an all-share deal to buy DS Smith , valuing the British paper and packaging firm at 5.8 billion pounds ($7.20 billion). ($1 = 0.8050 pounds)

Creates Significant Shareholder Value and a Global Leader in Sustainable Packaging Solutions with a Focus on Attractive and Growing North American and European Regions Strengthens Customer Value Proposition Through Enhanced Offerings, Innovation and Geographic Reach Expected to Achieve Significant Synergies of At Least $514 Million EPS Accretive in Year One with a Strong Investment-Grade Balanc...

MEMPHIS, Tenn. , April 10, 2024 /PRNewswire/ -- International Paper (NYSE: IP) will release first-quarter 2024 earnings on April 25, 2024, before the opening of the New York Stock Exchange.

International Paper said on Thursday it would seek a secondary London listing if it buys British paper and packaging peer DS Smith and the combination could deliver at least $514 million of pre-tax cost savings on an annual basis.

Shares in FTSE 100-listed DS Smith PLC (LSE:SMDS) surged higher after the packaging group confirmed yesterday evening that it is in talks about being bought by rival International Paper Co (NYSE:IP).  The proposal is that DS Smith shareholders would get 0.1285 International Paper shares for each of theirs, with the latest IP share price of $40.85 valuing DS Smith at 415p apiece, a 48% premium t...

IP shares are down on talk the company might try to top an existing offer for DS Smith. The deal could add global exposure, but investors are focused on cost.

Paper and packaging company DS Smith said on Tuesday that it is in discussions with U.S.-listed International Paper regarding a proposal to buy the British packaging firm through a possible all-share offer.