Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 International Paper Moves Forward on DS Smith Acquisition - Ink World Magazine

What are you searching for?

Sign in
Industry News, Ink Manufacturers News, Mergers and Acquisitions, Printers News

International Paper Moves Forward on DS Smith Acquisition

Announces overwhelming shareholder approval in connection with the proposed acquisition of DS Smith.

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

International Paper announced that it received the necessary shareholder approval for its pending acquisition of DS Smith. Earlier this week, DS Smith also received the necessary shareholder approval for the combination.

International Paper will report the final vote results of the special shareholder meeting in a current report on Form 8-K filed with the U.S. Securities and Exchange Commission (SEC). International Paper and DS Smith continue to expect the combination to close late in the fourth quarter of 2024, subject to regulatory clearance and other customary closing conditions.

“The overwhelming approval from both DS Smith and IP shareholders confirms the strong support of this combination,” said Andy Silvernail, chairman and CEO of International Paper. “Bringing the two companies together will create a true global leader of sustainable packaging solutions which will drive significant value for our employees, customers and shareholders.”

Add us as a preferred source on Google

Get the latest Ink World magazine news, insights and analysis in your Google Search and AI experiences.

Add Ink World magazine as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters