Announced
Financials
Tags
packaging products
Tender Offer
Pending
Acquisition
Minority
Colombia
Containers and Packaging
Public
Friendly
Single Bidder
Synopsis
Smurfit Kappa, a European packaging company, launched a €81m ($87m) tender offer for a minority stake in Cartón de Colombia, a producer and seller of virgin fiber pulps and packaging products in Colombia. Smurfit Kappa holds 69.94% of the shares in Cartón prior to the tender offer and will now hold 97.7% post completion of the tender offer.
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