International Paper agrees all-share combination with DS Smith

International Paper and DS Smith agreed the terms of a recommended all-share combination creating a global sustainable packaging leader. The transaction value is about $9.9 billion and the deal is expected to close by Q4 2024.

“International Paper (NYSE: IP, "IP") and DS Smith Plc (LSE: SMDS, "DS Smith") today announced that they have reached agreement on the terms of a recommended all-share combination”prnewswire.com

• 2 sources
• prnewswire.comInternational Paper Announces Agreement to Acquire DS SmithApr 16, 2024
• packagingdive.comInternational Paper-DS Smith deal faces few barriers following Mondi’s exit, analysts say | Packaging DiveApr 22, 2024

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