Smurfit Kappa, led by Tony Smurfit, rejected two bids from Memphis-based IP this year.

International Paper Company (IP) has blamed a “lack of engagement” on the part of Smurfit Kappa for its decision not to bid for the packaging giant. (...)

Tony Smurfit of Smurfit Kappa Group.

Smurfit Kappa shares soared on Tuesday after the cardboard box maker said it had received and rejected a “highly opportunistic” unsolicited takeover a(...)