International Paper gets EU approval to acquire DS Smith for $9.9bn

The European Commission cleared International Paper's acquisition of DS Smith on condition that it divest five European box plants. The deal was announced in April 2024 at about $9.9 billion.

“On January 24th, 2025, the European Commission gave the green light for the deal to go through, pending certain conditions.”formesdeluxe.com

• 2 sources
• formesdeluxe.comInternational Paper gets green light to acquire DS Smith, conditions applyJan 30, 2025
• prnewswire.comInternational Paper and DS Smith Combine To Create The New Global Leader in Sustainable Packaging SolutionsFeb 3, 2025

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