Analysis Smurfit must tackle WestRock costs, not just paper over the cracksInvestor sentiment towards the packaging industry has waned, but if the Irish company can wrap up the merger with its American rival, they’ll come flocking back
Companies Ken Bowles: ‘For years, investors have been asking us if we planned to make any moves in North America. This is the move’The chief financial officer of Smurfit Kappa explains the philosophy behind the firm’s merger with WestRock
Markets 1.30pm Markets Wrap: Smurfit Kappa weighs down Irish stocks as Ryanair rises ahead of AGMShares in Smurfit, which has confirmed a deal with US paper business WestRock, were down 10 per cent
Companies Tony Smurfit: Merger with WestRock will help us be loved Tony Smurfit says newly merged entity will be biggest paper and packaging group in the world ‘by a factor’
M&A Smurfit Kappa share price slumps as investors digest mega-merger with WestRockShareholders of WestRock will receive the equivalent of $43.51 a share in cash and stock.
Companies Smurfit Kappa agrees $20bn merger deal with US companyThe Dublin-headquartered paper and packaging giant confirmed it will depart the Dublin stock exchange as part of the merger with WestRock
Smurfit Kappa Smurfit’s latest deal could surpass father’s legacyBy agreeing Smurfit Kappa’s merger with West Rock, the low-key scion of the famous packaging family is set to leave his own distinctive mark
Markets Markets wrap: Smurfit Kappa among fallers as European stocks have longest losing streak since 2018European stocks have had a bad start to September, following a 2.7 per cent decline in August
Analysis Donal MacNamee: Smurfit deal another knife in the side of Ireland’s wounded stock exchangeEuronext Dublin is two companies away from having lost 23 listed businesses in five years. How much more pain can it endure?
Companies Smurfit Kappa could exit Irish stock exchange amid talks over $20bn US mergerIrish paper giant confirms discussions with US company Westrock for deal that would be another blow to Euronext Dublin
Stock Take Lorcan Allen: Ireland’s 10 largest corporates report record €8.7bn in combined profits An analysis of the half-year performance of the ten largest companies on the exchange shows that Irish blue-chip corporates have had a stellar first half of 2023
business Leading London hedge fund takes €49m short bet against Smurfit KappaPackaging firm's shares have fallen significantly since early 2022
Stock Take Ellie Donnelly: Smurfit sales drop points to a further easing of inflationThe Irish packaging giant’s results suggest that rising interest rates are starting to tame price rises
Companies Smurfit Kappa increases dividends despite decline in profitsRevenue for the first half of 2023 was €5.8 billion, down 9 per cent on the same period last year
Arts Epic perfomance of O’Casey trilogy going nationwide to mark end of commemoration decadeSix-figure deal between Druid and Smurfit Kappa behind ambitious production
Companies The €100m club – Ireland’s top 30 executives enjoy bumper pay packets Business Post analysis shows that chief executive packages at listed companies grew by 4 per cent last year
Companies Smurfit Kappa forecasted to report Q1 earnings of €523m after year of ‘extraordinary circumstances’ Paper and packaging giant expected to report a 6 per cent fall in box demand during the period due to weak consumer and industrial demand
Companies Smurfit Kappa takes financial hit of over €100m as it sells Russian assetsThe Irish business moved to offload its operations in the country following the invasion of Ukraine
Companies Smurfit Kappa reports 38% jump in earnings for 2022Group chief executive Tony Smurfit said full year’s results and Smurfit’s adjustments made him confident for the year ahead
Markets New York hedge fund doubles down on Smurfit Kappa short betMillennium Management is now shorting nearly 1 per cent of packaging company’s shares in a trade worth €95 million
