Packaging giant Smurfit Kappa's shares fall 10% after WestRock merger announcement

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Österreich Nachrichten Nachrichten

Österreich Neuesten Nachrichten,Österreich Schlagzeilen

The companies will form Smurfit WestRock — set to be one of the largest packaging companies in the world.

Gas markets are becoming ‘extremely difficult' to predict. It's a big problem for Europe this winter

The paper-based packaging specialist was a pandemic beneficiary, boosted by the rise in e-commerce, and revenue and profits slipped in its 2023 first-half"We've always said we had a very big gap in our portfolio because we were not involved in the United States.

Smurfit said the combined company would opt for a New York primary listing as around 65% of revenues were set to be in the U.S. and Latin America, and because"multiples and the pool of capital over there is bigger for companies like ours."

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 270. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Packaging giant Smurfit Kappa's shares fall 11% after WestRock merger announcementThe companies will form Smurfit WestRock — set to be one of the largest packaging companies in the world.
Herkunft: nbcchicago - 🏆 545. / 51 Weiterlesen »

Smurfit Kappa, WestRock agree merger to create $20 bln packaging giantEurope's largest paper and packaging producer Smurfit Kappa and U.S. rival WestRock agreed to merge on Tuesday to create the world's largest listed paper and packaging company worth nearly $20 billion
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

$20 Billion Paper Powerhouse to Be Formed by MergerSmurfit Kappa and WestRock said they reached a deal to merge. Tony Smurfit will be CEO of the combined company.
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »

These Stocks Are Moving the Most Today: Oracle, Apple, Tesla, WestRock, Acelyrin, and MoreOracle's revenue outlook disappoints, Apple kicks off its annual fall launch event, Tesla falls a day after surging 10%, and WestRock signs an agreement to...
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »