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Wed, 27th Mar 2024 08:09
March 27 (Reuters) - Shares in DS Smith opened 7.7% higher on Wednesday after the company said it is in talks with International Paper over an all-stock offer from its U.S.-listed rival.
The offer values the British paper and packaging firm at $7.2 billion. (Reporting by Danilo Masoni; Editing by Amanda Cooper)
TOP NEWS: DS Smith Volumes Grow Ahead Of Target; Opts Out Of Dividend
Read more* Company says too early to resume dividend* COVID wiped off 15 mln STG of annual profit* Shares fall 9% (Adds shares, CEO and analysts comments, background)By Yadarisa ShabongJuly 2 (Reuters) - Cardboard maker DS Smith saw a surge in demand for bo...
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(Sharecast News) - DS Smith announced the appointment of Geoff Drabble to its board as chairman-designate and a non-executive director on Wednesday, with effect from 1 September.
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Read more(Sharecast News) - Packaging maker DS Smith scrapped its interim dividend but reported strong demand from its consumer goods unit as panic buying swamped supermarkets due to the Covid-19 crisis.
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