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Materials Company Smurfit Kappa Group Announces Merger With WestRock

Materials Company Smurfit Kappa Group Announces Merger With WestRock

材料公司 Smurfit Kappa Group 宣佈與 WestRock 合併
Benzinga ·  2023/09/12 11:10

Smurfit Kappa Group (OTC:SMFKY) has announced a merger with WestRock (NYSE:WRK) that is expected to be completed in Q2 of 2024.

藍精靈Kappa組合(場外交易代碼:SMFKY)宣佈與韋斯特羅克(紐約證券交易所代碼:WRK),預計將於2024年第二季度完成。

Under the terms of the agreement, Smurfit Kappa Group has agreed to give WestRock $20.00 billion in cash & stock in exchange for WRK stock.

根據協定條款,藍精靈卡帕集團同意以200億美元的現金和股票換取WRK的股票。

About The Companies Involved

關於涉及的公司

Smurfit Kappa Group PLC manufactures and sells paper-based packaging products. The company owns mills that produce containerboard, which is then shipped to the company's plants, where it is converted into corrugated packaging products.

SMurfit Kappa Group PLC製造和銷售紙質包裝產品。該公司擁有生產紙板的工廠,紙板然後運往公司的工廠,在那裡轉換為瓦楞包裝產品。

WestRock manufactures corrugated packaging and consumer packaging, such as folding cartons and paperboard. After the merger of RockTenn and MeadWestvaco in fall 2015, WestRock became the largest North American producer of solid bleached sulfate and the second-largest producer of containerboard, which is used in the production of shipping containers.

WestRock生產瓦楞包裝和消費包裝,如折疊紙箱和紙板。在2015年秋季RockTenn和MeadWestVaco合併後,WestRock成為北美最大的固體漂白硫酸鹽生產商和第二大紙板生產商,紙板用於生產航運集裝箱。

How A Merger Works

合併是如何運作的

A merger happens when a company combines operations with another company. In practice, one company will buy the other company's stock in exchange for its own stock. In some cases, cash is used to pay for the company's stock but usually the companies agree to a stock-for-stock transaction.

當一家公司將業務與另一家公司合併時,就會發生合併。在實踐中,一家公司將購買另一家公司的股票,以換取自己的股票。在某些情況下,現金被用來支付公司的股票,但通常兩家公司同意以股換股的交易。

Due to the exchange and acquisition of stock, a merger is similar to an acquisition. This is why the two terms are commonly grouped together as mergers and acquisitions (M&A). However, in a merger, the leadership & operations of both companies usually change dramatically, while during an acquisition this is less likely to happen.

由於股票的交換和收購,合併類似於收購。這就是為什麼這兩個術語通常被歸類為合併和收購(M&A)。然而,在合併中,兩家公司的領導層和運營通常會發生戲劇性的變化,而在收購期間,這種情況發生的可能性較小。

Make sure to follow our mergers & acquisitions calendar to stay-up-to-date on the most recent M&A deals.

確保遵循我們的並購日曆以隨時瞭解最新的並購交易。

This article was generated by Benzinga's automated content engine and reviewed by an editor.

本文由benzinga的自動內容引擎生成,並由編輯審閱.

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