International Paper Co
IP: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$14.00 | Njgm | Dkrpbtgwc |
International Paper: Potential Acquisition of DS Smith Would Bolster Company’s Global Footprint
London-based DS Smith announced on March 26 that it was engaged in discussions with International Paper concerning a potential takeover bid. It is currently reported that International Paper made an all-share offer, where DS Smith shareholders would receive 0.1285 shares of International Paper for every share of DS Smith they own. This offer would value DS Smith at $7.22 billion, which would represent a sizable premium for the company. We are maintaining our $41 fair value estimate until an official agreement is reached.