Mark Sutton, chairman and chief executive officer of International Paper:  was backed by 55 per cent of shareholders against proposal an egm be held if holders of at least 10 per cent of its stock sought one. Photograph: Andrew Harrer/Bloomberg

International Paper (IP) successfully defeated a pesky investor proposal at its recent annual general meeting that the company should lower the thresh(...)

The Government’s vacant site levy will face legal challenges from disgruntled housebuilders. Photograph: Frank Miller

The Government’s vacant site levy will face legal challenges from disgruntled housebuilders after Minister for Housing Eoghan Murphy appeared to acced(...)

Aryzta, whose stock plunged on Thursday, owns the Cuisine de France brand.

Aryzta’s stock plunged a record low on Thursday as the beleaguered Swiss-Irish baked goods issued a fresh profit warning, sparking fresh concerns abou(...)

Smurfit Kappa said it had struck a deal to acquire Dutch company Reparenco, saying it was a “strong strategic fit” with its existing European businesses. Photograph: Jason Alden/Bloomberg

Cardboard packaging manufacturer Smurfit Kappa has struck €460 million Dutch deal, continuing its own mergers and acquisitions strategy after twice re(...)

Smurfit has thus far refused to engage in discussions with Memphis-headquartered IP, the world’s biggest paper company by sales.

A trio of leading shareholders in Ireland’s Smurfit Kappa have demanded that Europe’s largest cardboard box maker end its refusal to engage with Inter(...)

President Donald Trump and President Xi Jinping of China: investors globally were cheered by easing trade tensions between the US and China. Photograph: NYT

The Iseq surged 1.2 per cent on Monday, helped by a surge by Ryanair, one of the index’s heavyweight stocks, and as investors globally were cheered by(...)

Greencore CEO  Patrick Coveney: he  pledged in mid-March to spend half his time in the US

Greencore shares have recovered almost half their ground since slumping 30 per cent four days before St Patrick’s Day as the convenience foods group w(...)

Anti-establishment Five Star Movement leader Luigi Di Maio. Photograph: Max Rossi/Reuters

Irish stocks edged higher on Wednesday while a weak euro provided support to the broader European market. In Italy, investors on the Milan bourse we(...)

A Smurfit Kappa plant. International Paper said on Wednesday that it will not mount a hostile bid for Smurfit Kappa.

US paper group International Paper (IP) has signalled that it is ready to improve the terms and value of its proposal for Smurfit Kappa, after the Iri(...)

Smurfit Kappa chairman Liam O’Mahony said the IP bid “entirely fails to value the group’s intrinsic business worth and prospects”. Photograph: Cyril Byrne

Two US hedge funds, Davidson Kempner and York Capital, have accumulated a combined 4.74 per cent interest in cardboard box maker Smurfit Kappa using f(...)

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