Mondi agrees in principle to £5.14bn all-share offer for DS Smith

UK packaging company Mondi reached an agreement in principle on a potential all-share offer for rival DS Smith valued at £5.14 billion, with Mondi shareholders owning 54% of the combined group.

“The combination is an exciting opportunity to create a pan-European industry leader in paper-based sustainable packaging solutions.”packaging-gateway.com

• 3 sources
• packaging-gateway.comMondi and DS Smith reach agreement in principle on all-share offerMar 8, 2024
• packaginginsights.comMondi-DS Smith merger: Agreement in principle reached to form paper packaging giantMar 8, 2024
• packagingeurope.comCounterbid from International Paper complicates Mondi’s acquisition plans for DS SmithMar 27, 2024

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