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SMFKY - M&A Is Back But Disciplined In Basic Materials
May, 17 2024 02:15 AM
Smurfit Kappa Group PLC ADR
2024-05-17 02:15:00 ET
Summary Although event risk is rising, the biggest deals look creditor-friendly, preserving credit quality and ratings. After a long hiatus, mergers and acquisitions have resumed in the Basic Materials sector, with large deals announced in Mining and Paper & Packaging. Anglo American, a major mining company, received an unsolicited combination proposal from BHP for an all-share deal worth £31 billion.
By Gianmarco Migliavacca
Although event risk is rising, the biggest deals look creditor-friendly, preserving credit quality and ratings. ...
For further details see:
M&A Is Back, But Disciplined, In Basic Materials
Stock Information
Company Name:
Smurfit Kappa Group PLC ADR
Stock Symbol:
SMFKY
Market:
OTC
Website:
smurfitkappa.com
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