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...group CRH, packaging company Smurfit Kappa and plumbing supplier Ferguson, decided to quit the FTSE 100 for a primary listing in the US....
...Smurfit Kappa, the Irish packaging group that is planning a merger with WestRock of the US to become the largest in the world, said the post-Covid drop in sales was reversing and it hoped for volume growth...
...Irish packaging group Smurfit Kappa expects a consumer spending boost from this summer’s Olympics as it heads for a “game-changing” €20bn merger buoyed by a recovery in sales....
...Consider the tie-up between Ireland’s Smurfit Kappa and US-based WestRock, announced on Thursday. WestRock traces its origins to Smurfit-Stone, once part of the Smurfit group....
...In the industry’s first big consolidation, Irish group Smurfit Kappa last September agreed a $20bn tie-up with US rival WestRock....
...International Paper had been the biggest listed company in the sector by sales until Irish group Smurfit Kappa agreed a $20bn tie-up with US group WestRock in September last year.After enjoying a boom during...
...Smurfit Kappa shareholders will receive one new share for each ordinary Smurfit Kappa share....
...The new group would have combined revenues of about $34bn, Smurfit Kappa said, adding that it would list on the New York Stock exchange....
...This article has been corrected to say that Smurfit merged with Kappa Packaging in 2005, not 1974...
...The UK’s equity market has recently been dealt a series of high-profile blows as companies including building materials group CRH and packaging company Smurfit Kappa have opted to shift their primary listings...
...Ireland’s Smurfit Kappa, which International Paper tried to buy in 2018, expects to generate savings of $400mn in the first year from its $25bn tie-up with US group WestRock — about 2 per cent of the target...
...Other companies including miner BHP, building materials group CRH, packaging business Smurfit Kappa and plumbing supplier Ferguson have already left....
...Shares of Mondi slipped 3 per cent to £13.40, trimming its market value to £5.9bn.It would mark the latest merger in the sector after Irish group Smurfit Kappa agreed a $20bn tie-up with US group WestRock...
...Betting group Flutter and packaging firm Smurfit Kappa have announced they will leave Dublin this year. Drinks group Diageo, which owns Guinness, cancelled its Irish listing in May....
...News Corp said it had increased revenue and profitability in the second quarter as a result of a strategic shift to subscriptions and away from advertising....
...News Corp said it had increased revenue and profitability in the second quarter as a result of a strategic shift to subscription revenues and away from advertising....
...Irish building materials group CRH and packaging company Smurfit Kappa are among the companies that last year moved away from London as their primary listing....
...In International Paper’s unsuccessful offer to acquire Smurfit Kappa Group plc, the company offered an initial 27.4% premium to their share price....
...Financial markets closed UK: Labour Force Survey key indicators Results: Caterpillar Q4, Estée Lauder Q2, Itochu Q3, Kikkoman Q3, Loews Corp Q4, McDonald’s Q4, Mitsubishi UFJ Financial Group Q3, NXP Semiconductors...
...Among those that have moved their primary listings to the US are building materials group CRH, packaging company Smurfit Kappa and gambling group Flutter....
...Costs of phone hacking claims are covered by US broadcaster Fox under the terms of the split of News Corp and 21st Century Fox....
...Miner BHP, building materials group CRH, packaging company Smurfit Kappa and plumbing supplier Ferguson are among the companies to have quit the FTSE 100 for primary listings in Australia or the US....
...The group’s order book grew more than threefold last year to about €20bn today, most of that in Europe....
...The head of paper and packaging group Smurfit Kappa has defended the decision to switch the company’s primary listing to New York as part of a merger with US rival WestRock, saying that he expects the combined...
...CME Group said it will apply to clear US Treasuries, becoming the first exchange company to publicly state its ambitions to grab a lucrative slice of the world’s biggest bond market....
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