International Paper gets EU nod for DS Smith acquisition

International Paper, in an update, said that while the European Commission issued its Phase I clearance of the deal on 24 January 2025, the clearance was conditional on International Paper entering into commitments to divest its box plants located in Mortagne, Saint-Amand, and Cabourg in France, Ovar in Portugal, and Bilbao in Spain.

by Prabhat Prakash