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Mondi pulls out of DS Smith takeover race

Mondi PLC on Friday said it does not plan on making an offer for DS Smith PLC, as the tussle for the FTSE 100 listed firm took another turn. Mondi shares were up 9.0% to 1,500.92 pence each in London.

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Mondi Decides Not To Make Offer For DS Smith

Mondi plc (MNDI.L) stated that it does not intend to make an offer for DS Smith. Following a period of due diligence, and after considering the value the combination would deliver to Mondi's shareholders, the Mondi Board has decided that the transaction would not be in the best interests of its shareholders.

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FTSE 100 Live: Stocks fall on Israel strike in Iran; DS Smith tanks; Asda sale close

FTSE 100 Live: Stocks fall on Israel strike in Iran; DS Smith tanks; Asda sale close
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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DS Smith slides as Mondi walks away from takeover bid

DS Smith slides as Mondi walks away from takeover bid
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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FTSE 100 claws back losses after Israel strike in Iran; Asda sale close

FTSE 100 claws back losses after Israel strike in Iran; Asda sale close
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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