WestRock, Smurfit Explore Forming $20 Billion Packaging Firm
- Talks ongoing to create Smurfit WestRock via potential merger
- Smurfit WestRock would be listed in New York if deal proceeds
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Packaging companies WestRock Co. and Smurfit Kappa Group Plc are in talks to merge, potentially creating an industry giant with a market value of about $20 billion.
The companies are discussing the key terms of a possible combination to create Smurfit WestRock, according to a statement. WestRock shareholders could receive shares of the combined entity should a merger proceed, the companies said.