Hints and tips:
...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....
...It is challenging times for Maersk given the rather sudden and sharp downturn in container shipping rates....
...If you produce something simple, rebrand it so no one will know what it is Over the years, Toyota has renamed the car a “sustainable mobility solution”; Amazon has called the book a “reading container”;...
...It smashes the streetscape, a stone-clad castle complete with drawbridge and moat, a kink in the urban fabric....
...Mr Smurfit was previously joint deputy chairman of the Jefferson Smurfit group and is currently chairman of Powerflute Oyl, Eurolink Motorway Services and Cosmo Specialty Fibres....
...In 2011, RockTenn agreed to buy Smurfit-Stone for $3.5bn and International Paper bought Temple-Inland for $3.7bn....
...The son of a director of Smurfit Kappa packaging, he chose to establish himself in the keenly priced Hautes Côtes on taking over from other family members three hectares of vineyard in the Côte de Nuits,...
...It is a further sign of consolidation in the industry after Rock-Tenn agreed to buy Smurfit-Stone Container for $4.5bn this year, turning that company into North America’s second-biggest container board...
...As with the RockTenn–Smurfit-Stone deal six months ago, an acquisition of Temple-Inland by International Paper will help bring stability to a cyclical paper and packaging industry that struggles with excess...
...That is what happened when RockTenn said it would buy Smurfit-Stone for $5bn, including assumed debt, to create America’s second-largest containerboard and corrugated packaging maker....
...Rock-Tenn Co, the US maker of packaging for food and consumer products, said on Sunday it had agreed to purchase Smurfit-Stone Container Corp for $3.5bm in cash and stock just seven months after Smurfit...
...In deal news, Rock Tenn , the paper and packaging manufacturer was up after agreeing to buy its bigger rival Smurfit-Stone Container for $3.5bn, creating North America’s second-largest paper container producer...
...There was a rash of high-profile bankruptcies in 2009, including retailers Eddie Bauer and Filene’s Basement; General Growth Properties, the shopping-mall operator; Smurfit-Stone Container, the packaging...
...Two other US manufacturers – Lyondell Chemical and Smurfit Stone – sold USD 1.5bn of exit loans last month with the same covenant-lite structures investors purportedly swore off for good just a few years...
...A year ago, Smurfit Kappa looked as if it might be another victim of the credit crunch....
...Investors must hope global supply discipline will hold – although America’s Smurfit Stone may be hungry for cash flow this year as it exits Chapter 11....
...Chol Jok, director-general for public environmental health, says the state government contributed $21,000 to his treatment in the US this year for a kidney stone and back trouble....
...Now cardboard box and packaging firm Smurfit-Stone Container Corp has warned that it could file for Chapter 11....
...A similarly structured loan for Smurfit Stone, which was an outlier when it was arranged in February, has also recently rallied....
...Smurfit should surprise on the upside....
...Smurfit-Stone Container Corp bowed to the inevitable and filed for Chapter 11 bankruptcy protection....
...Ten men were dotted about the woods, bent over stones and fungus, swearing intermittently. Landing a decent-sized spark on fungus is tricky. After half an hour Tim had succeeded....
...By then a Lieutenant Colonel in the Marine Corps reserves, Stone received his doctorate two weeks before September 11....
...Smurfit Kappa has confirmed it is considering an IPO in 2007 in a deal that analysts say would value the paper and packaging company at between €4.5bn and €5.5bn....
...Mary Beth Stone West, president of Kraft North America Beverages, said: “It’s about reinventing mainstream coffee.”...
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