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...Smith & Nephew had given a “compelling rationale” for paying more to its US-based leaders, Glass Lewis said....
...Smith & Nephew’s share price is down 8.3 per cent over the past 12 months and is up 1.6 per cent this year....
...Smith’s style is to invest in a small number of “high quality, resilient, global growth companies”, primarily in the US, that he aims to hold for the long term....
...A Mondi/DS Smith combination would be too big for a subsequent deal. DS Smith shareholders should be wary of a suitor willing to overpay simply to stay in the game. andrew.whiffin@ft.com...
...Jessica SmithI’m Jess Smith and here’s the news you need to start your day. [MUSIC PLAYING] Tesla’s first-quarter earnings are out tomorrow, and they could be the worst in seven years....
...Earlier this month the company announced a new chief executive, Andrew Silvernail, would join the group in May from an advisory role at private equity group KKR....
...US-based International Paper has agreed to buy UK rival DS Smith in a deal valued at £7.8bn, the companies said on Tuesday....
...Mondi’s offer valued DS Smith at roughly £6.2bn, including debt....
...Hill & Smith has lauded the performance of its US businesses, describing a “standout performance in composites and electrical utility”....
...The announcement comes after rival Mondi reached an agreement in principle for a takeover of DS Smith earlier this month....
From Tony Smith, Bishop’s Stortford, Hertfordshire, UK
...Smith has been admirably candid about the meaning of this story for her....
...Smiths declined to comment. Keel and Envista did not respond to requests for comment....
...The star is Andrew Scott, giving a crackerjack performance as middle-aged scriptwriter Adam....
...Shares in UK packaging maker DS Smith rose more than 10 per cent on Thursday morning after its board said it had been approached by rival Mondi with a preliminary takeover bid....
...Caledonian Road, the Scottish novelist and journalist Andrew O’Hagan’s seventh novel — a Dickensian doorstopper laced with the kind of satire we might more readily associate with Thackeray’s Vanity Fair...
...Nicholas Malins-Smith Cambridge, Cambridgeshire, UK...
...The Board of DS Smith understands that Mondi is considering a possible offer for DS Smith although no proposal has been received at this stage....
...Jessica SmithI’m Jessica Smith, in for Marc Filippino, and here’s the news you need to start your day....
...“I was a democratically elected prime minister and Andrew Bailey is an appointee with an eight-year term, which makes him very hard to sack,” she added....
...Liz Truss considered sacking Andrew Bailey as BoE governor after mini-Budget...
...Mondi previously explored a takeover of DS Smith in 2021, Bloomberg reported at the time....
...Neither John Burn-Murdoch’s data points article on gender polarities (January 27), nor comments garnered below the line, mentioned Andrew Tate and his like making £5mn a month through influencer...
...Smith urged the Supreme Court to take the unusual step of hearing the case immediately....
...Andrew AndersonEdinburgh, UK...
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