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International Paper Completes Acquisition of DS Smith worth USD 7.2 Billion

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International Paper (IP) has completed the acquisition of DS Smith worth USD 7.2 billion. Under the terms of the acquisition, International Paper will issue approximately 179.8 million new shares of common stock.  Feb 3, 2025 International Paper and DS Smith, two of the leading producers of sustainable packaging, containerboard and......
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International Paper Gets EU Nod for USD 7.2 Billion DS Smith’s Acquisition

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The European Commission has approved a USD 7.2 billion acquisition of DS Smith by International Paper. Jan 24, 2025 The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of DS Smith by International Paper worth USD 7.2 billion. Watch: In Pursuit of Lesser Water Footprint  The......
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DS Smith Invests EUR 34 Million in Sustainable Innovation in Hungary

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DS Smith has expanded its innovation footprint in Hungary with a significant EUR 34 million investment. This investment will enhance the company’s operations and the projects are estimated to be completed by April 2026.   Dec 9, 2024 DS Smith has expanded its innovation footprint in Hungary with a significant EUR......
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DS Smith Announces EUR 25 Million Capex in Poland

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DS Smith is investing in machinery at its packaging facility in Sosnowiec for the production of sustainable and fibre-based paper bags for the e-commerce sector. It is also upgrading its facilities at Kielce and Bełchatów, as part of its ambitious growth strategy in Central and Eastern Europe.  Nov 7, 2024......
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International Paper Announces Shareholder Approval for DS Smith Acquisition

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The two companies together can create a true global leadership in sustainable packaging solutions which will drive significant value for the employees, customers and shareholders. Oct 15, 2024 International Paper has announced that it has received the necessary shareholder approval for its  pending acquisition of DS Smith. Earlier this week,......
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DS Smith Invests EUR 50 Million on Packaging Facilities in Portugal

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DS Smith acquired two top-of-the-range fluting machines for its packaging facilities in Oporto and Leiria. It will install solar panels at packaging facilities in Esmoriz, Leiria and Lisbon to produce electricity for its own consumption, reducing CO2 emissions by 34 percent a year. Sep 30, 2024 In response to a......
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Suzano Ends Acquisition Talks After International Paper Refuses Highest Offer

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Suzano had offered an all-cash acquisition worth USD 15 billion to International Paper, which reportedly asked for a deal worth USD 17.3 billion. Suzano said that it had reached the ‘maximum price’ for the transaction to generate value for itself, ‘without engagement’ from the other party. Jun 29, 2024 Suzano......
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DS Smith Join Forces with Jonsac for Sourcing Sustainable Paper Bags

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DS Smith has announced a collaboration with Jonsac to provide 100 percent fiber-based and recyclable bags to accelerate the transition from plastic to paper bags within Europe’s e-commerce marketplace. Apr 12, 2024 DS Smith, a leading global manufacturer of fiber-based sustainable packaging solutions, announced a supplier agreement with Jonsac, a......
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DS Smith Introduce Sustainable Fibre-Based Packaging for Confectionery Portfolio

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DS Smith has partnered with Filir d.o.o to replace traditional plastic packaging with a 100 percent recyclable sustainable fiber-based packaging solution.  Mar 07, 2024 DS Smith, a leading provider of sustainable packaging solutions, has partnered with Filir d.o.o, a distributor of some of the world’s best-known confectionary brands to Croatia,......