International paper announces agreement to acquire ds smith

Creates significant shareholder value and a global leader in sustainable packaging solutions with a focus on attractive and growing north american and european regions strengthens customer value proposition through enhanced offerings, innovation and geographic reach expected to achieve significant synergies of at least $514 million eps accretive in year one with a strong investment-grade balance sheet shared commitment to sustainability and responsible growth memphis, tenn. , april 16, 2024 /prnewswire/ -- international paper (nyse: ip, "ip") and ds smith plc (lse: smds, "ds smith") today announced that they have reached agreement on the terms of a recommended all-share combination (the "combination"), creating a truly global leader in sustainable packaging solutions.
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