Exclusive: EU to approve International Paper's $7.1 billion DS Smith deal, sources say
1. International Paper's $7.12 billion acquisition of DS Smith receives EU approval. 2. Asset sales were agreed upon to alleviate competition concerns.
FAQ
Why Bullish?
The acquisition strengthens International Paper's market position, potentially boosting share value, similar to past acquisitions that enhanced market share.
How important is it?
The acquisition is significant as it directly influences International Paper's growth potential and competitive landscape.
Why Long Term?
The long-term benefits of increased market presence will positively impact stock performance over time, as seen in previous consolidations in the industry.