WestRock to give more detail on merger to get $25bn Smurfit deal over line

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Smurfit-Kappa Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Several shareholders allege documents on the deal omitted ‘material information’

The agreement to create Smurfit WestRock, the world’s largest cardboard box maker with about $34 billion of annual revenue was announced last September

The agreement to create Smurfit WestRock, the world’s largest cardboard box maker with about $34 billion of annual revenue was announced last September. The additional disclosures includes confirmation that a committee of independent WestRock directors that had been set up to assess Smurfit Kappa’s offer were entitled to “reasonable” travel expenses, but not additional fees, incurred during the process.

 

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Belgique Dernières Nouvelles, Belgique Actualités