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
![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&w=1920&h=1080)
Ireland's Smurfit Kappa rejects improved bid from rival paper packaging producer International Paper
![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
![International Paper details strong quarter, Smurfit Kappa bid, Madrid, Spain, mill and Ilim Group - Memphis Business Journal International Paper details strong quarter, Smurfit Kappa bid, Madrid, Spain, mill and Ilim Group - Memphis Business Journal](https://media.bizj.us/view/img/10603820/mark-sutton1ip*1200xx3300-1860-0-314.jpg)
International Paper details strong quarter, Smurfit Kappa bid, Madrid, Spain, mill and Ilim Group - Memphis Business Journal
![US rival International Paper walks away from £8 billion Smurfit Kappa bid | London Evening Standard | Evening Standard US rival International Paper walks away from £8 billion Smurfit Kappa bid | London Evening Standard | Evening Standard](https://static.standard.co.uk/s3fs-public/thumbnails/image/2017/12/28/20/easter-eggs.jpg?width=1200&height=900&fit=crop)
US rival International Paper walks away from £8 billion Smurfit Kappa bid | London Evening Standard | Evening Standard
![Smurfit Kappa invests €27 million in new sustainability initiative at Spanish paper mill - Paper Advance Smurfit Kappa invests €27 million in new sustainability initiative at Spanish paper mill - Paper Advance](https://www.paperadvance.com/images/stories/intl-news/2023/march2023/intl1-6march23-full.jpg)