M&A
confidence high
sentiment neutral
materiality 0.60
International Paper publishes UK supplementary prospectus for DS Smith all-stock deal
INTERNATIONAL PAPER CO /NEW/
- On Nov 4, 2024, published supplementary prospectus under UK FCA rules to support admission of IP shares to London Stock Exchange.
- Prospectus supplements Sept 11 original prospectus; relates to all-stock acquisition of DS Smith Plc.
- IP shareholders voted on Oct 11, 2024 to approve share issuance for the DS Smith acquisition.
- Step towards closing the transaction, subject to remaining regulatory and other conditions.