IP’s more than $7 billion proposal comes as next week’s deadline approaches for Mondi to make a formal offer for DS Smith.| Packaging Dive
The bidding war for DS Smith heats up as Mondi’s offer deadline is now set for the same day as International Paper’s. IP provided additional specifics about its proposal, including plans to create a second headquarters.| Packaging Dive
The deal bests a preliminary purchase proposal from rival Mondi. It comes one week before a deadline to submit formal offers for acquiring the London-based paper packaging company.| Packaging Dive