Page 6 - Mark Sutton News Today : Breaking News, Live Updates & Top Stories | Vimarsana

International Paper is providing an update on its possible offer for DS Smith plc, pursuant to which International Paper would acquire the entire issued and to be issued share capital of DS Smith. International Paper confirms that significant progress has been made in reciprocal due diligence as facilitated by the DS Smith Board and Management, and that it is now in a position to provide shareholders with more detail on the type and quantum of synergies it believes would arise from the Combination.

International Paper Co on Thursday said a merger with DS Smith PLC could generate cost savings of more than GBP400 million should a deal proceed. International Paper, the Tennessee-based pulp and...

International Paper said on Thursday that it had made "significant progress" in reciprocal due diligence with regards to a potential takeover offer for UK-based DS Smith, and that it could seek a secondary listing in London if a deal goes ahead.

International Paper provided update on possible offer for DS Smith. Significant synergies expected from business combination to boost margins and EPS.

International Paper Company has provided an update on its possible offer for DS Smith, which would see the US company acquire DS Smith’s entire issued and to be issued share capital.