Smurfit Kappa Group PLC not to face hostile takeover bid as US giant International Paper Co. offer folds
Zacks Industry Outlook Highlights International Paper, Suzano, Smurfit Kappa Group, Veritiv and Mercer International
![Dublin-based Smurfit Kappa has rejected an acquisition proposal from Memphis-based International Paper Co. - Memphis Business Journal Dublin-based Smurfit Kappa has rejected an acquisition proposal from Memphis-based International Paper Co. - Memphis Business Journal](https://media.bizj.us/view/img/10470621/industrial-packaging3-ip*1200xx1493-840-0-74.png)
Dublin-based Smurfit Kappa has rejected an acquisition proposal from Memphis-based International Paper Co. - Memphis Business Journal
![Smurfit Kappa has won two prestigious PPI awards, demonstrating its leadership in the global paper industry. | Packaging World Insights Smurfit Kappa has won two prestigious PPI awards, demonstrating its leadership in the global paper industry. | Packaging World Insights](https://www.packagingworldinsights.com/wp-content/uploads/Press-releases/Smurfit-Ballymount-11797.jpg)
Smurfit Kappa has won two prestigious PPI awards, demonstrating its leadership in the global paper industry. | Packaging World Insights
![Ireland's Smurfit Kappa rejects improved bid from rival paper packaging producer International Paper Ireland's Smurfit Kappa rejects improved bid from rival paper packaging producer International Paper](https://image.cnbcfm.com/api/v1/image/47177765-International-Paper-IP-Top-10-Dividend-Stocks.jpg?v=1520328637)