US giant needs to pay €10bn to take Smurfit

International Paper (IP) would need to offer a knockup price for Smurfit Kappa of as much as €10bn and the share price could be in line for a further significant surge if the US giant is to bag its Irish-based international rival, according to analysts.

US giant needs to pay €10bn to take Smurfit
Wed, 07 Mar, 2018 - 06:45

By Eamon Quinn

International Paper (IP) would need to offer a knockup price for Smurfit Kappa of as much as €10bn and the share price could be in line for a further significant surge if the US giant is to bag its Irish-based international rival, according to analysts.

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