European Commission approves International Paper's DS Smith acquisition with divestitures

The European Commission cleared International Paper's acquisition of DS Smith, conditional on International Paper divesting box plants in Mortagne, Saint-Amand, Cabourg, Ovar and Bilbao.

“The EC's clearance is conditional on International Paper committing to divest its box plants in Mortagne, Saint-Amand and Cabourg (France), Ovar (Portugal) and Bilbao (Spain).”packaginginsights.com

• 2 sources
• packaginginsights.comEuropean Commission greenlights International Paper-DS Smith megamergerJan 27, 2025
• paperindustryworld.comEuropean commission approves International Paper’s acquisition of DS Smith - Paper Industry WorldFeb 28, 2025

Summarized from public sources; check the original articles before acting on it.