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Wed, 27th Mar 2024 08:09
March 27 (Reuters) - Shares in DS Smith opened 7.7% higher on Wednesday after the company said it is in talks with International Paper over an all-stock offer from its U.S.-listed rival.
The offer values the British paper and packaging firm at $7.2 billion. (Reporting by Danilo Masoni; Editing by Amanda Cooper)
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