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New Deal


Announced

Smurfit Kappa to merge with WestRock in an $11.2bn deal.

Financials

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Transaction Value£8,948m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Paper

paper

packaging

United States

Acquisition

Cross Border

Majority

Merger

Public

Friendly

Pending

Single Bidder

Synopsis

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Smurfit Kappa, a Europe corrugated packaging company, agreed to merge with WestRock, an American corrugated packaging company, in an $11.2bn deal. “This incredibly exciting coming together of our two great companies is a defining moment within the global packaging industry. Smurfit WestRock will be the ‘Go-To’ packaging partner of choice for customers, employees and shareholders. We will have the leading assets, a unique global footprint in both paper and corrugated, a superb consumer and specialty packaging business, significant synergies, and enhanced scale to deliver value in the short, medium and long term,” Tony Smurfit, Smurfit Kappa CEO.

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