March 6 (Reuters) - International Paper Co:
* CONFIRMS IT HAS SUBMITTED PROPOSAL TO ACQUIRE ENTIREISSUED ANDTO BE ISSUED SHARE CAPITAL OF SMURFIT KAPPA??
* UNDER TERMS, SMURFIT KAPPA SHAREHOLDERS ENTITLED TORECEIVE
* "NOTES THE COMMENTS THAT SMURFIT KAPPA BELIEVES THEPROPOSAL ISHIGHLY OPPORTUNISTIC"Source text for Eikon:Further company coverage: