SMFKY - Paper & Packaging sector may see M&A this year RBC says

Paper & packaging sector is likely to see consolidation this year and has already seen some transactions such as International Paper's (IP) printing papers spin and Domtar's (UFS) sale of personal care, RBC writes.RBC analyst Paul Quinn lists top 10 M&A idea for North America this year, 5 are listed below:Packaging Corp. (PKG) or Westrock (WRK) buys Domtar.International Paper buys DS Smith (DSSMY).Westrock mergers with Smurfit Kappa (SMFKY).KP Tissues (KPTSF) gets taken private.Quality Tissue acquires Clearwater Paper (CLW).Recall Jan. 7, Cyclical rotation should reward paper/packaging picks in 2021, Citi says.

For further details see:

Paper & Packaging sector may see M&A this year, RBC says