1.30pm Markets Wrap: Smurfit Kappa weighs down Irish stocks as Ryanair rises ahead of AGM

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 71%

United States News News

United States United States Latest News,United States United States Headlines

Shares in Smurfit, which has confirmed a deal with US paper business WestRock, were down 10 per cent

Dublin’s Iseq all-share – the index of all companies trading on the Irish stock exchange – was down slightly on Tuesday lunchtime, as packaging giant Smurfit Kappa suffered from

shareholders’ unease at its merger with WestRock.Shares in Smurfit, which this morning confirmed a deal with US paper business WestRock to create a group worth $20 billion, were down ...

 

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 US

United States United States Latest News, United States United States 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 »

Smurfit Kappa agrees $20bn merger deal with US companyThe Dublin-headquartered paper and packaging giant confirmed it will depart the Dublin stock exchange as part of the merger with WestRock
Source: businessposthq - 🏆 8. / 71 Read more »

Smurfit Kappa share price slumps as investors digest mega-merger with WestRockShareholders of WestRock will receive the equivalent of $43.51 a share in cash and stock.
Source: businessposthq - 🏆 8. / 71 Read more »

Tony Smurfit: Merger with WestRock will help us be lovedTony Smurfit says newly merged entity will be biggest paper and packaging group in the world ‘by a factor’
Source: businessposthq - 🏆 8. / 71 Read more »

Markets update: Rally in tech stocks help Wall Street claw back lossesS&P 500 rose 29.97, or 0.7%, to 4,487.46, coming off its first losing week in the last three
Source: businessposthq - 🏆 8. / 71 Read more »