Funds Insider - Opening the door to funds

Welcome to the Citywire Funds Insider Forums, where members share investment ideas and discuss everything to do with their money.

You'll need to log in or set up an account to start new discussions or reply to existing ones. See you inside!

Notification

Icon
Error
Smith (DS) takeover
+ Reply to discussion
Options
royed31
Posted: 27 September 2024 17:50:17(UTC)
#1

Joined: 02/07/2023(UTC)
Posts: 24
International Paper's all-share takeover offer for DS Smith values the shares at 415 pence, based on the closing price of International Paper shares at the time of the offer.

Currently, DS Smith shares are trading at 463 pence, which is approximately 11.5% higher than the offer price.

Any thoughts from existing shareholder on this situation

Cheers

R
Back to top Quote
Stephen B.
Posted: 28 September 2024 15:07:41(UTC)
#2

Joined: 26/09/2012(UTC)
Posts: 793

Thanks: 27 times
Was thanked: 1029 time(s) in 474 post(s)
I think the market regards this as a done deal and the DS Smith share price is just tracking the IP share price.
Back to top Quote
1 user thanked Stephen B. for this post.
royed31 on 12/10/2024(UTC)
+ Reply to discussion

Markets

Other markets