Join | Print Page | Contact Us | Sign In
News & Press: Members in the News

Paper Chase for Smurfit May Draw More Suitors, Rival CEO Says

Monday, March 26, 2018   (0 Comments)
Posted by: Alyce Ryan
Share |

Irish packaging company Smurfit Kappa Group Plc would be a “dream come true” for suitor International Paper Co., but there may be other predators waiting in the wings, according to the head of a smaller industry rival.

“I would expect other public companies with excess cash and lack of opportunities to make a bid,” said Cord Prinzhorn, when asked about the emergence of any competing offers for Smurfit from firms like Mondi Plc or Finland’s Stora Enso Oyj.

Read Full Article