News Formal

Smurfit Kappa agrees $20bn merger deal with US company

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 71%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The Dublin-headquartered paper and packaging giant confirmed it will depart the Dublin stock exchange as part of the merger with WestRock

Smurfit Kappa, the Irish paper and packaging giant, has agreed a deal to merge with WestRock, the US paper company, in move that will see the Dublin-headquartered company depart the Irish stock exchange.

On Tuesday morning, Smurfit Kappa announced that it had reached a deal with WestRock that will see both companies combine to create a new company called Smurfit WestRock, which will have combined sales of around $34 billion and annual profits in the ...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Smurfit Kappa shares slump as investors to own 50.4% of group after WestRock mergerIrish group’s CEO Tony Smurfit to lead merged group, which will be known as Smurfit WestRock
Source: IrishTimes - 🏆 3. / 98 Read more »