The Irish Times Business Person of the Month: Tony Smurfit, Smurfit Westrock
On July 5th, Smurfit Kappa, led by Tony Smurfit, merged with North American group WestRock to form the world’s largest packaging group
On July 5th, Smurfit Kappa, led by Tony Smurfit, merged with North American group WestRock to form the world’s largest packaging group
Irish packaging group Smurfit merged last month with US rival WestRock and moved its main listing to New York
Group cites higher recovered fibre costs and lower corrugated box prices but says demand is recovering
Only European companies with big American businesses should consider move, says newly merged packaging group
Smurfit Kappa effectively doubled in size last week with WestRock merger
Iseq index adds 1.5% amid big moves for banks and homebuilders
Shares edge up as executives look to merge businesses amid improving business environment for the sector
The pan-European Stoxx 600 index ended 0.2 per cent lower, after notching a more than one-week high early in the day
Box-maker Smurfit Kappa’s shares were down 0.4 per cent at the end of its last day of trading on the Irish stock market
Group will remain headquartered in Dublin and be led by Tony Smurfit
Banks lead Iseq higher as wider European banking sector posts good performance led by French lenders
Deal worth €23.4bn subject to High Court approval, with shares in new entity Smurfit WestRock to begin trading on New York Stock Exchange on Monday
Kerry and Glanbia were both higher by the end of the day, adding 0.33 per cent and 0.16 per cent respectively
Carlsberg Group dropped 9.3% after Britvic rejected a revised, unsolicited €3.7 billion takeover bid from the brewer
Financial services minister Neale Richmond has warned Britain it will not get ‘free pass’ on Brexit rules if Labour wins the UK election
Analysts say inclusion in keenly-followed S&P indices from next month is sooner than expected
Dearth of stock market flotations and high profile delistings are driving campaign for tax incentives ahead of Budget 2025
Company requires approval from investors holding at least 75 per cent of the Irish cardboard box-maker’s stock
European automakers such Volkswagen and BMW slipped around 1 per cent after European Commission said it would impose duties on imported Chinese electric vehicles
Launch of both events attended by group chief executive Tony Smurfit as company prepares for major merger
Banks among the sectors under pressure in Europe, while Wall Street stocks advance
State needs to incentivise public equity investment as paucity of new listings a cause for concern for wider economy
Several shareholders allege documents on the deal omitted ‘material information’
Banking stocks mixed after first interest rate reduction in five years
Investors renew bets on borrowing charge cuts ahead of European Central Bank meeting this week
Shares in Paddy Power owner Flutter Entertainment rose 1.74%
Investors awaiting key global economic data in next few days
Renewable energy group Corre Energy saw its value climb 7% in Dublin after it started a share sale to investors
Irish index of shares edges lower as a decline in banking shares and some key travel stocks weighs on market
Subdued week for stock markets amid uncertainty about the likely path for interest rates
On the Iseq banking stocks were largely higher, with AIB gaining
Britain’s FTSE 100 finishes at new high for fifth consecutive trading session
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How does a post-Brexit world shape the identity and relationship of these islands
Inquests into the nightclub fire that led to the deaths of 48 people
Weddings, Births, Deaths and other family notices