International Paper (IP.US) agrees to acquire all shares of DS Smith for US$7.2 billion_Package Express_News

　International Paper (IP.US) said on Tuesday it had agreed to acquire all shares of British paper and packaging company DS Smith, valuing it at 5.8 billion pounds ($7.20 billion).

　　After the merger is completed, DS Smith shareholders will own approximately 33.7% of the combined company; International Paper shareholders will own the remaining shares, and the company plans to seek a secondary listing in London.

　　DS Smith said it would recommend shareholders support a deal with International Paper, adding that it had recently received merger proposals from International Paper and Mondi, but that International Paper could currently provide a firm offer.

　　It is reported that the two acquirers must submit a firm offer before the deadline of April 23, otherwise they will withdraw from the transaction.

Nine Dragons Paper applied for a patent for all-wood pulp high-white offset paper and its preparatio

　According to information from the State Intellectual Property Office on October 17, Nine Dragons Paper (Dongguan) Co., Ltd. applied for a patent titled A kind of all-wood pulp high white offset pape

02024-10-2980

Ricoh launches new industrial printing company in Europe

Recently, Ricoh announced the establishment of a new company in Europe, Ricoh Printing Solutions Europe Limited (RPSE), headquartered in Telford, UK. The company will start operations in April 2025 an

02024-10-2982

SIASUN Industrial Robot’s new model of industrial robot passed EU CE certification

Recently, new models of SIASUN industrial robots such as SR12A-12/1.46, SR25A-12/2.01, SR25A-20/1.80, SR210A-210/2.65 have passed the EU MD directive and EMC directive CE certification, and will soon

02024-10-2982

Stora Enso decides to halt divestment of its North Sea production sites

Stora Enso has decided to halt the divestment of its North Sea consumer paperboard mill and forestry operations announced in December 2022. Stora Enso believes that the own-use value of these assets e

02024-10-2979

Jiangsu Li & Man Paper Co., Ltd. obtained patent for paper drying equipment

According to information from the State Intellectual Property Office on October 24, Jiangsu LiMan Paper Co., Ltd. has obtained a patent titled A Papermaking Drying Equipment Based on Steam Condensed W

02024-10-2977

Yueyang Forestry and Paper's revenue in the first three quarters was 5.15 billion yuan. Its dua

On the evening of October 25, Yueyang Forest Paper released its third quarter results. The company's operating income in the first three quarters was 5.15 billion yuan, of which operating income i

02024-10-2977

Hanghua shares’ net profit increased by 22.16% year-on-year in the first three quarters

On October 28, Hanghua Co., Ltd. released its third quarter report for 2024. The report shows that the company's operating income in the first three quarters was 922 million yuan, a year-on-year i

02024-10-2979

Evergreen Shares: Net profit in the first three quarters of 2024 will be approximately 3.38 million

Evergreen Co., Ltd. released a third-quarter performance announcement on the evening of October 28, stating that revenue in the first three quarters of 2024 was approximately 1.14 billion yuan, a year

02024-10-2979

Shanghai Electric plans to acquire industrial robot assets for 3.082 billion yuan

Shanghai Electric has set its sights on the robotics track for mergers and acquisitions.　　Shanghai Electric announced on October 19 that the company's wholly-owned subsidiary Shanghai Electric A

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