Jefferson Smufit boxed in

In an ideal world, Jefferson Smurfit Group chairman Michael Smurfit would be mixing business and pleasure at the Smurfit European Open in the K Club this weekend.

2nd July, 2005

In an ideal world, Jefferson Smurfit Group chairman Michael Smurfit would be mixing business and pleasure at the Smurfit European Open in the K Club this weekend. But instead of schmoozing with potential investors ahead of an initial public offering of the group in the autumn, Smurfit's horizons are now likely to be fixed no further than the staging of the Ryder Cup at the Kildare estate in September 2006.

Less than three years after private...

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