International Paper weighs $6.3 bln bid for London's DS Smith, Sky News reporter says-March 2024-www.financetom.com

International Paper weighs $6.3 bln bid for London's DS Smith, Sky News reporter says

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

International Paper weighs $6.3 bln bid for London's DS Smith, Sky News reporter says

Mar 26, 2024 10:53 AM

March 26 (Reuters) - U.S.-listed paper producer

International Paper ( IP ) is weighing a move to gatecrash a 10

billion pound ($12.63 billion) merger of its London-listed

rivals, DS Smith ( DITHF ) and Mondi ( MNODF ), by tabling an

offer of over 5 billion pounds ($6.32 billion) for DS Smith ( DITHF ), a

Sky News reporter said on X on Tuesday.

($1 = 0.7918 pounds)

Previous page： IsoEnergy and Purepoint Announce 2025 Exploration Plans, Joint Venture Next page： Visa Invests in Nigerian Payments Platform Moniepoint

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

IsoEnergy and Purepoint Announce 2025 Exploration Plans, Joint Venture

Jan 23, 2025

07:35 AM EST, 01/23/2025 (MT Newswires) -- IsoEnergy ( ISENF ) and Purepoint Uranium Group ( PTUUF ) began their 2025 exploration program, which will be supported by a $5 million budget for the newly formed 50-50 joint venture. The JV spans over 98,000 hectares and consolidates 10 high-valued uranium projects into three distinctive areas in Saskatchewan's eastern Athabasca Basin:...

Visa Invests in Nigerian Payments Platform Moniepoint

Jan 23, 2025

07:33 AM EST, 01/23/2025 (MT Newswires) -- Visa (V) said Thursday it invested in Moniepoint, a Nigerian-based business payments and banking services platform, to enhance financial inclusion and support small and medium enterprise growth across Africa. The company said Moniepoint processes over 1 billion transactions each month, with more than $22 billion in total payment volume. ...

First Bancorp's Q4 Adjusted Earnings Fall, Revenue Rises

Jan 23, 2025

07:30 AM EST, 01/23/2025 (MT Newswires) -- First Bancorp (FBP) reported Q4 adjusted earnings Thursday of $0.46 per diluted share, down from $0.49 a year earlier. Analysts polled by FactSet expected $0.40. Revenue for the quarter ended Dec. 31, expressed as the sum of net interest income and total noninterest income, was $241.5 million compared with $230.3 million a year...

Bank of Canada's 25bps Downshift Not Impacted by U.S. Tariff Threats, Says RBC

Jan 23, 2025

07:31 AM EST, 01/23/2025 (MT Newswires) -- The macroeconomic arguments for the Bank of Canada to cut by 25bps next Wednesday and down to an accommodative level of 2% in 2025 is clear -- the inability of growth to accelerate to a sustained above-trend rate resulting in downside inflation risks, said RBC. The harder part of the BoC call is...