Packaging giant Smurfit Kappa's shares fall 11% after WestRock merger announcement

South Africa News News

Packaging giant Smurfit Kappa's shares fall 11% after WestRock merger announcement
South Africa Latest News,South Africa Headlines
  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

The companies will form Smurfit WestRock — set to be one of the largest packaging companies in the world.

The companies will form Smurfit WestRock — set to be one of the largest packaging companies in the world — run through a holding company incorporated and domiciled in Ireland.

WestRock shareholders will receive one Smurfit WestRock share and $5 cash, equivalent to $43.51 per share.Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

nbcchicago /  🏆 545. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Smurfit Kappa Smurfit WestRock to Be Led by Tony Smurfit as CEOSmurfit Kappa Smurfit WestRock to Be Led by Tony Smurfit as CEOBy Ian Walker Smurfit Kappa Group and WestRock Co. have formally signed a merger agreement as first outlined last week, creating a global paper and packaging...
Read more »

$20 Billion Paper Powerhouse to Be Formed by Merger$20 Billion Paper Powerhouse to Be Formed by MergerSmurfit Kappa and WestRock said they reached a deal to merge. Tony Smurfit will be CEO of the combined company.
Read more »

Stellantis to halve battery weight in bid to match ICE and EV heftStellantis to halve battery weight in bid to match ICE and EV heftMore efficient cell packaging and reduced battery weight to reduce costs and battery emissions
Read more »

– The Surprising Secret Ingredient Revolutionizing Chemical Recycling– The Surprising Secret Ingredient Revolutionizing Chemical RecyclingMuhammad Rabnawaz, an associate professor at Michigan State University's esteemed School of Packaging and a recent member of the National Academy of Inventors, has always held the view that the most brilliant solution is also the simplest. This philosophy is evident in his team's latest paper pub
Read more »

SpaceX can’t launch its giant rocket again until fixes are made, FAA saysSpaceX can’t launch its giant rocket again until fixes are made, FAA saysSpaceX must take a series of steps before it can launch its mega rocket again after its debut ended in an explosion
Read more »



Render Time: 2025-03-01 09:33:56