The company says it expects to finance the acquisition with a combination of cash and secured and unsecured debt

Irish financier Paul Coulson’s Ardagh Group has revived plans to raise hundreds of millions of euro in equity, after unveiling a $3.42 billion (€3 bi(...)

Tony Smurfit of Smurfit Kappa Group

Packaging group Smurfit Kappa has announced the acquisition of two Brazilian companies for €186 million. The company has acquired integrated paper-ba(...)

 Dr Michael Smurfit: he and his brother Dermot   could gain after  US private equity outfit Madison Dearborn indicated it may bid for Finnish paper company Powerflute Oyj. Photograph: Dara Mac Dónaill/The Irish Times

Brothers Michael Smurfit and Dermot Smurfit, the two most senior members of Ireland’s best-known corporate dynasty, look set for a major payout of ab(...)

Tony Smurfit, chief executive  of Smurfit Kappa Group: he must surely be tempted to implement at least a slight change in emphasis, to announce his arrival if nothing else. Photograph:  Brenda Fitzsimons

Wednesday’s third-quarter results presentation by Smurfit Kappa Group (SKG) will be the first public outing of the new chief executive, Tony Smurfit, (...)

A trader works on the floor of the New York Stock Exchange on October 14th, 2015 in New York City. Photograph: Burton/Getty Images

US stocks were dragged lower as a bleaker outlook from Wal-Mart Stores Inc added to global growth concerns. The Iseq slipped by a quarter of a perce(...)

Gary McGann: “I won’t miss the 4.30am alarm call on a Monday morning.”

Farewell to Gary McGann, who is retiring this week as chief executive of Smurfit Kappa group. McGann, a former chairman of the Dublin Airport Authorit(...)

Smurfit Kappa Group chief executive Gary McGann: ‘People will never remember you for what you’ve done.’ Photograph: Frank Miller

The perennial rumours that Gary McGann was planning to step down as chief executive of Smurfit Kappa Group (SKG) were proved correct yesterday. (...)

In New York, Apple gave the biggest boost to the Nasdaq and the S&P 500 with a 1.2 per cent increase to $126.66. Photographer: Billy HC Kwok/Bloomberg

It was a quiet day of trading yesterday as most markets across continental Europe remained closed for the May Day holiday. The Iseq in Dub(...)

ECB chief Mario Draghi said quantitative easing will continue until there’s sustained improvement in inflation. Photograph: Thierry Charlier/AFP/Getty Images

The Iseq in Dublin advanced by 1 per cent yesterday while UK stocks climbed to a 2008 high. The FTSE 100 in London added 0.3 per cent, as did the bro(...)

An oil field in Venezuela. Ruined by sanctions and the collapse in the price of oil, Venezuela’s economy is in convulsions. Photograph: AP Photo/Ana Maria Otero

The perils of operating in a highly unstable market, such as Venezuela, are outlined in some detail in the annual report of the Smurfit Kappa Group (S(...)