Mondi jumps 10% as it ditches plan for DS Smith tie-up news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.
Mondi Says It Does Not Intend To Make An Offer For DS Smith streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
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.