Mondi shares slump over Iran war cost warning Markets Shares in paper and packaging giant Mondi have slumped after the firm revealed it is facing soaring costs as a result of the Iran war. The FTSE 100 firm saw its share price drop by more than six per cent in early trading, as it warned it has already faced higher energy, raw material and [...]
FTSE 100 plunges as S&P 500 set to slump Markets The FTSE 100 opened 1.4 per cent lower this morning as the UK was spared the worst of the economic impact from US president Donald Trump’s sweeping tariff regime. UK markets have been hit after the country was hit by a sweeping 10 per cent tariff on exports to the US from next week, along [...]
Mondi unpacks jump in revenue as firm looks to make up ground Business Things are looking up for sustainable packaging giant Mondi as its shares jumped by almost 15 per cent in early deals this morning after the company published its results for the six months to June 30.
Magic circle Linklaters turnover hits record as US expansion pays off July 9, 2024 Law firm Linklaters' revenue has surpassed the £2bn mark for the first time as the firm credits deals and the expansion into the US
DS Smith profit slips but boss hails £5.8bn takeover opportunity June 20, 2024 DS Smith said medium-term targets for box volume growth had been "significantly impacted" by inflation, in addition to lower production volumes.
Spurned DS Smith bidder Mondi battles lower selling prices May 3, 2024 Packaging and paper Mondi has reported that it has entered the year with lower selling prices, with the blame on the devaluation of the Egyptian pound
Mondi pulls out of DS Smith bidding war in win for US buyer April 19, 2024 Packaging giant Mondi has walked away from a bidding war for its smaller rival DS Smith, paving the way for Memphis-based International Paper to snap up the firm in a £5.8bn deal.
International Paper beats Mondi offer in DS Smith bidding war April 16, 2024 Under the terms of the deal, DS Smith shareholders will receive 0.1285 International Paper shares.
International Paper set to announce formal £5bn-plus offer for DS Smith April 8, 2024 The US firm vying to acquire FTSE 100 packaging firm DS Smith is reportedly close to announcing a formal offer for the company worth more than £5bn amid a brewing bidding war with UK paper giant Mondi.
Dealmakers limber up in London as ‘FOMO’ takes hold April 6, 2024 Dealmakers are limbering up for an offensive in London after a wave of new firms fell into the sights of buyers in the opening months of the year and “FOMO” grips the market, top City advisors have said.