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DITHF - DS Smith rallies with Mondi said to be weighing a takeover
D S Smith Plc
Mondi (MONDF) is looking at a potential takeover of DS Smith (DITHF), according to Bloomberg. A deal between Mondi and $7B DS Smith would be one of the largest of the year in the U.K.. Shares of DS Smith are up 8.84% to a new high of $5.51 in U.S. trading. DS Smith closed up 3.28% in London. Mondi is due to announce full-year results tomorrow.