International Paper

Smurfit Kappa's Value Falls €3.4bn Below International Paper Offer

In the year that has passed, Smurfit Kappa has seen its value fall to €3.4 billion below what International Paper was offering the company. Almost...

Top-Three Smurfit Kappa Shareholder Cuts Stake After Takeover Disappoinment

Janus Henderson, a top-three shareholder in Smurfit Kappa, has cut its stake in the firm last week from 3.9% to below 3%, according to the Irish Times....

Smurfit Kappa Reaffirms Guidance After International Paper Drops Bid

Smurfit Kappa reaffirmed its guidance on Wednesday that its full year earnings will be materially better than last year after rival International Paper (IP...

Smurfit Kappa Shares Fall From Grace As Hopes Of International Paper Deal Fade

Shares in Smurfit Kappa have fallen by 7.5% in London as hopes of a deal with International Paper (IP) have started to fade, according to The Irish Times....

Smurfit Kappa Shares Spike As New Takeover Bid Predicted

Shares at Smurfit Kappa have spiked at a record high this week as investors speculate that International Paper will make a third takeover bid, according to...

Smurfit Kappa Welcomes Irish Takeover Panel's International Paper Deadline

Smurfit Kappa has welcomed yesterday’s (May 16th) announcement from the Irish Takeover Panel setting a deadline for International Paper (IP) to annou...

International Paper Says It Will Not Make Hostile Bid For Smurfit Kappa

U.S. packaging company International Paper will not make a hostile bid for Irish rival Smurfit Kappa, it said on Wednesday after being given until June 6 t...

International Paper 'Disappointed' Over Failed Smurfit Kappa Bid

American paper packaging firm International Paper has voiced its disappointment that it hadn’t been able to engage with Irish based packaging giant S...