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Activist fund questions Smurfit Kappa's acquisition plans

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Activist Fund,Smurfit Kappa,Acquisition

Primestone Capital questions the strategic rationale of Smurfit Kappa's acquisition of WestRock and suggests considering a tie-up with a previous suitor. The deal will create the world's largest packaging group.

An activist fund questions the strategic rationale of Smurfit Kappa's proposed acquisition of WestRock and suggests considering a tie-up with a company that previously attempted to acquire Smurfit Kappa.

The deal, agreed in September, will create the world's largest packaging group.

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