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Pricing proposal – $6.57 billion.
Mondi shareholders would own 54% and DS Smith shareholders would own 46% of the issued and to be issued share capital of Mondi.
Mondi and DS Smith stated in their latest announcement that the possible merger is a great opportunity to create a European industry leader in paper-based sustainable packaging solutions, with opportunities to bring together their strengths in the corrugated value chain, including their virgin containerboard mills, converting network and recycled container board production sites.
corruga.expert