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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)
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Melrose jumps on plans to return cash to shareholders* Energy shares track oil prices higher* DS Smith drops on a 38% slump in annual pre-t...
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TOP NEWS: DS Smith profit falls after pandemic hits paper prices
Read moreLONDON MARKET OPEN: Oil majors boost FTSE but mainland Europe muted
Read more(Clarifies first and fourth paragraphs to show that record growth was in box volumes; removes "record" from headline)June 22 (Reuters) - DS Smith said on Tuesday it saw record second-half growth in box volumes, as the British cardboard maker benef...
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(Sharecast News) - DS Smith said the current financial year had started well as the packaging company reported a sharp drop in annual profit caused mainly by higher costs and lower prices during the early stages of the pandemic.
Read more(Sharecast News) - All eyes on Tuesday will be on Federal Reserve chief, Jerome Powell, as he testifies before the US House of Representatives Select Subcommittee on Coronavirus Crisis, at 1900 BST.
Read moreUK earnings, trading statements calendar - next 7 days
Read moreBROKER RATINGS: RBC and Citigroup both downgrade Pennon
Read moreDS Smith lays out climate targets including carbon neutrality by 2050
Read moreBROKER RATINGS: Goldman upgrades easyJet to Buy, cuts IAG to Neutral
Read moreBROKER RATINGS: UBS raises Pearson and Barclays downgrades Dixons
Read moreDS Smith expects annual results in line amid e-commerce boom
Read more(Sharecast News) - DS Smith said on Thursday that trading in its second half had continued to build on the trends and momentum it reported in March, across all parts of its business.
Read moreBROKER RATINGS: UBS double downgrades Purplebricks to sell from buy
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