Mondi drops out of race to buy DS Smith in win for rival International Paper-March 2024-www.financetom.com

Mondi drops out of race to buy DS Smith in win for rival International Paper

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Mondi drops out of race to buy DS Smith in win for rival International Paper

Apr 19, 2024 4:35 AM

April 19 (Reuters) - British paper and packaging group

Mondi ( MNODF ) said on Friday it would not make an offer to buy

DS Smith ( DITHF ), bowing out of the battle after its UK peer

agreed to a 5.8 billion pound deal with International Paper ( IP )

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