Smurfit Kappa to acquire additional 15.54% stake in Cartón de Colombia

Smurfit Kappa intends to launch a €90 million cash offer for an additional 15.54% stake in Cartón de Colombia, lifting its holding from 69.94%. The deal is subject to Colombian regulatory approval and is expected to close in the second quarter of 2019.

“Smurfit Kappa intends to launch a €90m ($101.92m) cash offer to acquire an additional 15.54% stake in Cartón de Colombia.”packaging-gateway.com

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• packaging-gateway.comSmurfit Kappa to acquire additional 15.54% stake in Cartón de ColombiaMar 15, 2019

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