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News & Press: Members in the News

Smurfit Kappa Rebuffs International Paper’s Takeover Bid

Monday, March 19, 2018   (0 Comments)
Posted by: Alyce Ryan

Smurfit Kappa Rebuffs International Paper’s Takeover Bid 

The attempted acquisition of Smurfit Kappa Group comes as online shopping increases demand for cardboard boxes.

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Smurfit Kappa Reiterates Position on Takeover Approach

Smurfit Kappa has this morning reiterated its opposition to an €8.6bn takeover approach from US firm International Paper.

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Smurfit Is Open to Higher International Paper Bid

Smurfit Kappa Group Plc would consider holding talks with International Paper Co. if the U.S. packaging giant raises its offer for the Irish company, according to two people familiar with the matter.

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