Justin Jordan

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Much of the declines of Smurfit Kappa and IP have been down to concerns over box demand and declining prices across the industry. Photograph: Luke MacGregor/Bloomberg

Cardboard box-maker Smurfit Kappa, which saw off an unwanted takeover bid from International Paper (IP) last year, is unlikely to court renewed intere(...)

Smurfit Kappa’s Tony Smurfit: suggested in July that the group will spend nowhere near the €380 million it committed to deals last year.  Photograph: Brenda Fitzsimons

Smurfit Kappa faces a €80 million headwind from rising costs of recycled cardboard it uses to make new boxes, having failed to push through a price in(...)

Last year saw Smurfit Kappa enter the Brazilian market, spending €186 million on two Brazilian paper-based packaging businesses.

US investment bank Jefferies said Smurfit Kappa may boost earnings again this year by venturing out on the acquisitions trail again. In a note to cl(...)