International Paper to snap up DS Smith in £7.8bn deal
16th Apr 2024 10:24
(Sharecast News) - International Paper has agreed to buy British rival DS Smith in a £7.8bn all-share deal, it was confirmed on Tuesday.
Read moreInternational Paper to seek secondary London listing if DS Smith deal goes ahead
4th Apr 2024 13:33
(Sharecast News) - International Paper said on Thursday that it had made "significant progress" in reciprocal due diligence with regards to a potential takeover offer for UK-based DS Smith, and that it could seek a secondary listing in London if a deal goes ahead.
Read moreDS Smith extends Mondi offer deadline by two weeks
4th Apr 2024 07:52
(Sharecast News) - DS Smith, the packaging group at the centre of a a bidding war between UK-listed Mondi and US firm International Paper, has extended the so-called 'put up or shut up' deadline for the former to make a firm offer.
Read moreInternational Paper preparing counterbid for DS Smith - report
26th Mar 2024 17:26
(Sharecast News) - A bidding war was potentially on the cards on Tuesday as packaging company DS Smith - which recently agreed to be taken over by Mondi - confirmed it is in talks with New York-listed International Paper about a possible takeover offer.
Read moreLondon close: Stocks mixed as US payrolls paint varied picture
8th Mar 2024 15:02
(Sharecast News) - London markets ended the trading session on a mixed note on Friday, as investors digested a faster-than-expected rise in non-farm payrolls in the US.
Read moreDS Smith sees Q3 trading in line despite tough markets
6th Mar 2024 07:03
(Sharecast News) - Paper and packaging maker DS Smith said third-quarter trading was in line with expectations despite "challenging" market conditions.
Read moreLondon close: Stocks slip as US jobless claims fall
8th Feb 2024 14:42
(Sharecast News) - London markets experienced a downturn in trading on Thursday, with stocks relinquishing earlier gains as investors processed a decrease in jobless claims in the United States.
Read moreLondon close: Stocks slip as Barratt, Redrow announce merger
7th Feb 2024 15:00
(Sharecast News) - London's stock markets finished in the red on Wednesday, as investors digested fresh house price data as well as news of a big merger in the housebuilding sector.
Read moreLondon close: Stocks weaker after busy week for rate decisions
15th Dec 2023 14:48
(Sharecast News) - London's stock markets ended the week on a subdued note on Friday as investors digested recent central bank policy updates.
Read moreLondon close: Stocks weaker as investors look to central banks
7th Dec 2023 15:03
(Sharecast News) - London markets closed lower on Thursday as investors reacted to lacklustre Chinese trade data and the latest UK house price figures.
Read moreDS Smith CEO to retire; Interim profits fall
7th Dec 2023 07:24
(Sharecast News) - Packaging manufacturer DS Smith on Thursday said chief executive Miles Roberts would be retiring no later than the end of next November as it also unveiled a fall in interim profit.
Read moreLondon close: Stocks finish weaker as commodities drag
4th Dec 2023 15:46
(Sharecast News) - London's equity markets closed lower on Monday as investors kept a watchful eye on upcoming US jobs data, while gold prices surged to record highs.
Read moreLondon close: Stocks mixed after US, Europe inflation data
30th Nov 2023 15:16
(Sharecast News) - London's markets finished with a mixed performance on Thursday, with the top-flight index lifted by the likes of BP and Shell.
Read moreDS Smith says 1H trading in line with expectations
26th Oct 2023 07:10
(Sharecast News) - Paper packaging specialist DS Smith reiterated its guidance for first half operating profits thanks to a sequential improvement in corrugated box volume performance and better-than-expected pricing.
Read moreDS Smith says 1H trading in line with expectations
26th Oct 2023 07:10
(Sharecast News) - Paper packaging specialist DS Smith reiterated its guidance for first half operating profits thanks to a sequential improvement in corrugated box volume performance and better-than-expected pricing.
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