Smurfit sale set to raise €3.7bn

The Smurfit Jefferson group is set to be broken up with a chunk of the company likely to be sold off for €3.7bn.

The Smurfit Jefferson group is set to be broken up with a chunk of the company likely to be sold off for €3.7bn.

A pre-conditional cash offer from Chicago-based venture capital company, Madison Dearborn, has been accepted.

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