DS Smith taking important step into US market by buying Interstate Resources

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DS Smith (DSS) is planning to acquire an 80% equity share in Indevco Management Resources, Inc. (IMRI) for $920m, with an option to acquire the remaining 20% in five years’ time. The seller is Merpas of Luxembourg with whom DSS has signed a conditional agreement. IMRI is the holding company of US paper and packaging ...

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