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RBC takes positive view on IP's agreement to acquire DS Smith, targeting US$514M of pre-tax annual synergies; IP would become largest containerboard producer in North America post-acquisition and world's third largest if Smurfit-WestRock deal is completed

Freedonia: IP's purchase of DS Smith would widen its lead in global corrugated market, even after pending Smurfit Kappa-WestRock merger; global demand for corrugated boxes forecast to grow 2.6%/year to 296 billion sq. meters in 2027, driven by e-commerce

Smurfit Kappa purchases building at Evergreen 85 Logistics Park in South Carolina’s Anderson-Greenville-Spartanburg industrial corridor; purchase marks company's first industrial development in South Carolina, according to real estate firm Hunt Midwest

Investor advisory firm Institutional Shareholder Services backs plan for Smurfit Kappa to postpone retirement of chair Irial Finan, who has already served beyond corporate governance norms; decision comes as Smurfit Kappa plans to merge with WestRock

European Commission reportedly gives go-ahead to Smurfit Kappa's deal to buy WestRock for US$11.2B; the enlarged entity, to be called Smurfit WestRock, expected to be largest listed global packaging partner by revenue, according to previous press release

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