April 16 (Reuters) - International Paper Co ( IP ):

* INTERNATIONAL PAPER SMITH (DS) PLC - RECOMMENDED

ALL-SHARE

COMBINATION

* INTERNATIONAL PAPER SMITH (DS) PLC - RECOMMENDED

ALL-SHARE

COMBINATION

* INTERNATIONAL PAPER CO ( IP ) - REACHED AGREEMENT ON TERMS OF A

RECOMMENDED ALL-SHARE COMBINATION OF INTERNATIONAL PAPER WITH DS

SMITH

* INTERNATIONAL PAPER CO ( IP ) - PROPOSED DEAL FOR APPROXIMATELY

£7.8

BILLION

* INTERNATIONAL PAPER CO ( IP ) - UNDER TERMS, DS SMITH

SHAREHOLDERS WILL

BE ENTITLED TO RECEIVE: FOR EACH DS SMITH SHARE 0.1285 NEW

INTERNATIONAL PAPER SHARES

* INTERNATIONAL PAPER CO ( IP ) - DEAL EXPECTED TO DELIVER AT

LEAST $514

MILLION OF PRE-TAX CASH SYNERGIES ON AN ANNUAL RUN-RATE BASIS BY

END OF FOURTH YEAR

* INTERNATIONAL PAPER CO ( IP ) - DS SMITH DIRECTORS INTEND TO

RECOMMEND

UNANIMOUSLY THAT DS SMITH SHAREHOLDERS VOTE IN FAVOUR OF SCHEME

* INTERNATIONAL PAPER CO ( IP ) - COMBINATION IS EXPECTED TO BECOME

EFFECTIVE IN Q4 OF 2024

* INTERNATIONAL PAPER CO ( IP ) - COMBINATION IS EXPECTED TO BECOME

EFFECTIVE IN Q4 OF 2024

Source text for Eikon:

Further company coverage: