WRK Jul 2024 50.000 put
- Barrons.com
Stocks Are Defecting to New York. Buy This S&P 500 Shoo-In and Antidote to Nvidia.
A paper and packaging company may not seem worth a second look in an era when hot technology names such as Nvidia streak skyward and growth stocks trounce value. Smurfit WestRock is set to begin trading in New York on July 8 as a paper powerhouse worth more than $20 billion, the creation of Ireland’s Smurfit Kappa buying U.S. WestRock for $11.15 billion in a merger announced last September. Smurfit Kappa revealed Thursday that the deal has cleared all regulatory hurdles, with the company’s delisting from Dublin and London set for the first week of July, before shares in the new company are issued to both Smurfit and WestRock investors.
- PR Newswire
Dermody Properties Breaks Ground on LogistiCenter℠ at Pleasant Prairie
Dermody Properties—a diversified private equity investment management company focused exclusively on the national logistics real estate sector—is pleased to announce that WestRock, a global leader in sustainable packaging, has signed a build-to-suit lease at LogistiCenter℠ at Pleasant Prairie. WestRock is establishing a Great Lakes regional corrugated operations hub and will require more than 580,000 square feet within Wisconsin's newest rail-served logistics park.
- Zacks
International Paper (IP) Moves Closer to Acquiring DS Smith
International Paper (IP) confirms that it cleared another hurdle for the acquisition of DS Smith, with the expiration of the waiting period under the Hart-Scott-Rodino Act.
