Smurfit Kappa, the Irish-founded global packaging giant, has said it is in talks to merge with WestRock to form Smurfit WestRock. In a statement overnight, Smurfit Kappa said that the combined businesses would be incorporated and domiciled in Ireland with its global headquarters in Dublin and its North and South American operations headquartered in Atlanta, Georgia. “The Potential Combination would be effected through an Irish scheme of arrangement involving Smurfit Kappa and a merger of a subsidiary with WestRock,” Smurfit Kappa said. It said the proposed combination would result in WestRock shareholders receiving consideration “primarily of shares of the combined…
Cancel at any time. Are you already a member? Log in here.
Read on for just €1
For a limited time, get your first month for €1 and unlock full access to The Currency and The Wall Street Journal – two premium memberships, one subscription.