This website uses cookies to store information on your computer. Some of these cookies are used for visitor analysis, others are essential to making our site function properly and improve the user experience. By using this site, you consent to the placement of these cookies. Click Accept to consent and dismiss this message or Deny to leave this website. Read our Privacy Statement for more.
US packaging giant International Paper has told major shareholders in Smurfit Kappa that it hopes to secure a friendly takeover of the Dublin-based group, but warned there were no obstacles to a hostile approach.In a series of meetings with Smurfit Kappa investors in London and Paris this week, the Memphis-based company told them it could reduce borrowings needed to fund the deal within two years as it targets €450m of cost synergies.
Print Page
Email to a Friend
