Smurfit’s silence eventually sees off a Paper tiger
US giant walks away from bid to take over Smurfit Kappa, after stalking it for two years. What happened?
And so, with the meekest of whimpers, ends what would have been the largest-ever takeover of an Irish company . . . and not in the way many expected it to go. Smurfit Kappa easily saw off its bigger rival International Paper after four months of pretty much staying silent and letting the process wind its way through to a conclusion last week that saw the US company pack its bags and walk away empty-handed.
Tony Smurfit, chief...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Private rental sector remains strong despite Covid-19
Demand continues to outstrip supply in both residential and PRS markets, while developers adapt new build designs to take the pandemic into account
How the programme for government will shape housing
Several strategic changes offer an opportunity for positive reform of planning and development
Comment: US must defuse Covid-19’s ticking time bomb of debt
The United States cannot defeat the pandemic like a military foe but it can learn from looking back at its post-war economic recovery