International Paper IP 2.51% agreed to buy London-listed peer DS Smith for 5.8 billion pounds ($7.22 billion) in shares, outgunning a rival bid from Mondi MNDI 1.70% to form an international ...

DS Smith is in talks with International Paper regarding an all-share takeover proposal valuing the London-listed company at $7.2 billion, and potentially sparking a bidding war with peer Mondi.

International Paper’s (IP) potential $9.9 billion agreement to acquire London-based DS Smith is another step closer. The Memphis-based company announced on Tuesday, June 25, that the waiting ...

These actions were taken on Feb. 13, 2025. The ratings upgrade comes on the heels of International Paper Co.'s announcement on Jan. 31, 2025, that it had successfully acquired DS Smith PLC.

International Paper announced Tuesday that it will acquire London-based DS Smith, a move the companies say will create a "truly global leader in sustainable packaging solutions." The stock value ...

DS Smith shares surged 7% on Wednesday after Tennessee packaging company International Paper confirmed it had submitted a bid to fully-acquire the London company for £5.72 billion ($7.2 billion ...

Based on International Paper's share price of $40.85 at close of business on 25 March 2024, the terms of the Proposal represent a value of 415 pence and premium of 48 per cent to DS Smith's ...

International Paper (IP) has reported its shareholders have given “overwhelming approval” for its pending acquisition of London-based paper and packaging company DS Smith, while DS Smith shareholders ...

London-based paperboard and packaging manufacturer DS Smith confirmed Tuesday, March 26, it is in discussions with International Paper (IP) over an all-stock offer that valued DS Smith at $7.22 ...

International Paper has stirred up a potential bidding war over British paper packaging firm DS Smith , making a takeover offer that sent the shares of the FTSE-100 target over a two-year high.

BRUSSELS (Reuters) -U.S.-based International Paper is set to get EU approval for its 5.8 billion pound ($7.12 billion) purchase of UK rival DS Smith after agreeing to sell assets to address ...