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Patent Issued for Packaging system adaptable to various container perimeters (USPTO 11945661)
Published: April 24, 2024 by Daily Real Estate News
Price of Smurfit Kappa’s deal to buy WestRock has increased by almost 11% to US$12.6B since September 2023 amid rebounding packaging stocks, Irish Times reports; increase includes US$45M combined ‘golden parachute’ compensation for WestRock CEO, CFO
Published: April 22, 2024 by Irish Times (Ireland)
Commentary: Cost of Smurfit Kappa acquiring WestRock up 11% since deal was announced in 2023, as packaging stocks rebound; however, deal still compelling as IP bid for DS Smith could close some European mills, improve pricing power for European box-makers
Published: April 22, 2024 by Irish Times
Commentary: IP-DS Smith deal faces few barriers after Mondi's exit, as their footprints don't overlap much, resulting in low risk of regulators requiring divestitures for deal approval; Smurfit-WestRock deal also shouldn't face major regulatory barriers
Published: April 22, 2024 by Packaging Dive
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
Published: April 19, 2024 by RBC Capital Markets LLC

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