Materials Company Smurfit Kappa Group Announces Merger With WestRock
Materials Company Smurfit Kappa Group Announces Merger With WestRock
Smurfit Kappa Group (OTC:SMFKY) has announced a merger with WestRock (NYSE:WRK) that is expected to be completed in Q2 of 2024.
Smurfit Kappa集团（场外交易代码：SMFKY）宣布与WestRock（纽约证券交易所代码：WRK）进行合并，预计将于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.
根据协议条款，Smurfit Kappa集团已同意向WestRock提供200亿美元的现金和股票，以换取WRK的股票。
About The Companies Involved
关于所涉公司
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 生产和销售纸质包装产品。该公司拥有生产集装箱纸板的工厂，然后将其运往公司的工厂，在那里将其转化为瓦楞包装产品。
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 生产瓦楞包装和消费品包装，例如折叠纸箱和纸板。2015年秋季RockTenn和MeadWestVaco合并后，WestRock成为北美最大的固体漂白硫酸盐生产商和第二大用于生产集装箱的集装箱板生产商。
How A Merger Works
合并是如何运作的
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.
当一家公司与另一家公司合并业务时，就会发生合并。实际上，一家公司将购买另一家公司的股票以换取自己的股票。在某些情况下，现金用于支付公司的股票，但通常公司同意以股票换股的交易。
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.
由于股票的交换和收购，合并类似于收购。这就是为什么这两个术语通常被归为合并和收购（M&A）的原因。但是，在合并中，两家公司的领导层和运营通常会发生巨大变化，而在收购期间，这种情况发生的可能性较小。
Make sure to follow our mergers & acquisitions calendar to stay-up-to-date on the most recent M&A deals.
请务必关注我们的并购日程表，及时了解最新的并购交易。
This article was generated by Benzinga's automated content engine and reviewed by an editor.
本文由Benzinga的自动内容引擎生成，并由编辑审阅。