International Paper and DS Smith merger clears US HSR waiting period

The expiration of the US Hart-Scott-Rodino waiting period cleared a major regulatory hurdle for International Paper's all-equity acquisition of DS Smith. The deal, valued at about $7.22bn, is still subject to European Commission clearance and a court sanction, and is expected to close in Q4 2024.

“The expiration of the HSR Act waiting period is a crucial regulatory step, removing a major barrier to the merger’s closure.”packaging-gateway.com

• 1 source
• packaging-gateway.comDS Smith and International Paper merger clears regulatory hurdleJun 26, 2024

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