International Paper weighs $6.3 bln bid for London's DS Smith, Sky News reporter says

Reuters
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March 26 (Reuters) - U.S.-listed paper producer International Paper is weighing a move to gatecrash a 10 billion pound ($12.63 billion) merger of its London-listed rivals, DS Smith and Mondi, by tabling an offer of over 5 billion pounds ($6.32 billion) for DS Smith, a Sky News reporter said on X on Tuesday. ($1 = 0.7918 pounds) (Reporting by Shivani Tanna in Bengaluru; Editing by Shailesh Kuber)

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