Mondi Share News (MNDI)

International Paper to seek London listing if it inks deal with DS Smith

IP sees at least $514 mln of pre-tax cost savings

*

International Paper to seek secondary London listing if DS Smith deal goes ahead

(Sharecast News) - International Paper said on Thursday that it had made "significant progress" in reciprocal due diligence with regards to a potential takeover offer for UK-based DS Smith, and that it could seek a secondary listing in London if a deal goes ahead.

TOP NEWS: International Paper targets big savings from DS Smith deal

(Alliance News) - International Paper Co on Thursday said a merger with DS Smith PLC could generate cost savings of more than GBP400 million should a deal proceed.

DS Smith extends deadline for takeover offer by Mondi

(Alliance News) - DS Smith PLC on Thursday said that an extension had been agreed for its potential takeover by Mondi PLC, though the company still holds a more lucrative offer from International Paper.

DS Smith extends Mondi offer deadline by two weeks

(Sharecast News) - DS Smith, the packaging group at the centre of a a bidding war between UK-listed Mondi and US firm International Paper, has extended the so-called 'put up or shut up' deadline for the former to make a firm offer.

LONDON BRIEFING: Vodafone-Three deal faces deeper UK probe

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, despite remarks from Federal Reserve Chair Jerome Powell failing to soothe lingering interest rate worries.

UK dividends calendar - next 7 days

LONDON MARKET CLOSE: FTSE 100 treads water ahead of US PCE data

(Alliance News) - Stock prices in London closed slightly higher on Wednesday, as investors look firmly ahead to Friday's key inflation reading from the US.

LONDON MARKET MIDDAY: FTSE 100 underperforms ahead of US PCE data

(Alliance News) - Stock prices in London were lower at midday on Wednesday, but trade was more confident in mainland Europe, with focus turning to the release of the US Federal Reserve's preferred inflation gauge on Friday.

International Paper preparing counterbid for DS Smith - report

(Sharecast News) - A bidding war was potentially on the cards on Tuesday as packaging company DS Smith - which recently agreed to be taken over by Mondi - confirmed it is in talks with New York-listed International Paper about a possible takeover offer.

London close: Stocks finish mixed after Reckitt compo blow

(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.

LONDON BROKER RATINGS: Jefferies raises Mondi; UBS likes Admiral

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

LONDON MARKET OPEN: FTSE 100 treads water; buyback boosts Vodafone

(Alliance News) - Stock prices in London opened in a muted fashion on Friday, as a hotter-than-expected US producer price reading stifled risk appetite, with focus beginning to move to interest rate decisions from the Federal Reserve and Bank of England next week.

Jefferies upgrades Mondi after YTD underperformance

(Sharecast News) - Jefferies upgraded its rating on packaging firm Mondi on Friday following year-to-date underperformance.

LONDON BRIEFING: Vodafone, Scottish Mortgage Investment plan buybacks

(Alliance News) - London's FTSE 100 is called to open fractionally lower on Friday, possibly a tepid end to a decent week, as a robust US producer price reading hurt risk appetite on both sides of the Atlantic.