08 Mar 2024 --- After a month of industry speculation sparked by Mondi’s confirmation that it is considering a possible all-share combination with fiber-based packaging rival DS Smith, the companies have now revealed an agreement in principle regarding a £5.14 billion (US$6.57 billion) merger. The combination would create a paper and packaging giant worth more than £10 billion (US$12.82 billion) in market value and Europe’s largest containerboard manufacturer.
