Home Stocks International Paper wins EU approval for DS Smith acquisition (IP:NYSE)

International Paper wins EU approval for DS Smith acquisition (IP:NYSE)

by Deidre Salcido
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International Paper (NYSE:IP) won European Union approval for its planned £5.8 billion ($7.2 billion) of DS Smith (OTCPK:DSSMY) after offering concessions to the regulator. Intl Paper rose 1.7%.

To address the Commission’s competition concerns, the parties offered to divest five of

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