Exclusive: EU to approve International Paper's $7.1 billion DS Smith deal, sources say
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International Paper is expected to receive EU approval for its $7.1 billion acquisition of DS Smith after agreeing to sell assets to address competition concerns.
January 21, 2025 | 2:30 pm
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International Paper is likely to receive EU approval for its $7.1 billion acquisition of DS Smith, which could positively impact its stock price.
The EU approval of the acquisition is a significant regulatory milestone, likely to be viewed positively by investors as it clears a major hurdle for the deal's completion. The agreement to sell assets to address competition concerns suggests a strategic move to ensure the deal's success.
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