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2023-09-12 17:58:13 ET Summary Smurfit Kappa Group Plc and WestRock Company have announced a merger, valuing WestRock at nearly $20 billion. Shares of WestRock rose 2.8% in response to the news, while Smurfit Kappa shares fell 8.3%. The combined company will have revenue of $3...
2023-09-12 14:29:03 ET WestRock Company (WRK) Smurfit Kappa and WestRock Merger Announcement September 12, 2023, 08:00 AM ET Company Participants Tony Smurfit - CEO, Smurfit Kappa Group Plc David Sewell - CEO Conference Call Participants George Staphos - ...
2023-09-12 07:44:44 ET Summary Smurfit Kappa is in active discussions with WestRock for a potential merger. The potential entity is expected to have top-line sales and EBITDA of $34 billion and $5.5 billion. This new company could become the global leader in the packaging market. ...
2023-09-12 06:47:05 ET Summary Smurfit Kappa and WestRock are merging to create Smurfit WestRock, a $20B packaging company. JPMorgan CEO Jamie Dimon criticizes proposed higher capital requirements for banks, calling it "hugely disappointing.". National Amusements, parent compa...
2023-09-12 06:14:55 ET Related stories Compare metrics for HUMA to ORCL, SGHT, SLRN, WRK WestRock: Solid Asset-Based, But (Likely) Not The Right Time Reevaluating Acelyrin: The Impact Of Mixed Izokibep Results (Rating Downgrade) Oracle Corporation ( ORCL ...
2023-09-12 05:33:54 ET More on Smurfit Kappa, WestRock Potential Smurfit Kappa, WestRock $20 billion deal gets mixed reviews WestRock jumps as Smurfit Kappa confirms talks on potential combination WestRock Company: Buying Low And Selling High Smurfit Kappa: I...
2023-09-12 05:05:44 ET Summary WestRock reported better-than-expected Q3 results, beating consensus estimates on EPS and EBITDA. WestRock's cost saving initiatives are exceeding the company's internal expectations. No valuation details on the potential merger combination. ...
2023-09-10 09:22:28 ET A potential $20 billion merger between containerboard giants Smurfit Kappa and Westrock received mixed reviews after talks about a potential deal were confirmed this week. Shares of Smurfit Kappa in Ireland fell 7% in the two days following a WSJ stor...
HARTSVILLE, S.C., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE: SON) (“Sonoco” or the “Company”), a diversified global packaging leader, today announced the completion of its acquisition of the remaining equity interest in RTS Packaging, LLC (ȁ...
WestRock Company (NYSE: WRK) has caught the attention of the investment community today with its bullish price action. The company's shares are currently up 5.16% on the day to $33.52. WestRock Company, together with its subsidiaries, provides fiber-based paper and packaging solutions in North...
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Dermody Properties Breaks Ground on LogistiCenter℠ at Pleasant Prairie PR Newswire PLEASANT PRAIRIE, Wis. , June 27, 2024 /PRNewswire/ -- Dermody Properties —a diversified private equity investment management company focused exclusively on the ...
2024-06-25 17:00:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
WestRock Company (NYSE: WRK) has caught the attention of the investment community today with its bullish price action. The company's shares have moved 4.98% on the day to $52.17. WestRock Company, together with its subsidiaries, provides fiber-based paper and packaging solutions in North Ameri...