Smurfit Kappa Rejects IP's EUR 8 Bn Takeover Bid
The acquisition would allow International Paper to significantly diversify its business beyond North America. March 6, 2018 Smurfit Kappa Group Plc, Europe’s largest paper packaging producer, said on Tuesday it had rejected a takeover offer from U.S. peer International Paper Co, which the suitor later revealed was worth EUR 8......