Smurfit Kappa Group PLC not to face hostile takeover bid as US giant International Paper Co. offer folds
![US rival International Paper walks away from £8 billion Smurfit Kappa bid | London Evening Standard | Evening Standard US rival International Paper walks away from £8 billion Smurfit Kappa bid | London Evening Standard | Evening Standard](https://static.standard.co.uk/s3fs-public/thumbnails/image/2017/12/28/20/easter-eggs.jpg?width=1200&auto=webp&quality=75)
US rival International Paper walks away from £8 billion Smurfit Kappa bid | London Evening Standard | Evening Standard
![Packaging giants Smurfit Kappa and International Paper fail to deliver on merger | Ireland | The Times Packaging giants Smurfit Kappa and International Paper fail to deliver on merger | Ireland | The Times](https://www.thetimes.co.uk/imageserver/image/%2Fmethode%2Ftimes%2Fprod%2Fweb%2Fbin%2F1098c8f4-5942-11e8-9e86-99299e0f1a1c.jpg?crop=4025%2C2264%2C30%2C449&resize=360)
Packaging giants Smurfit Kappa and International Paper fail to deliver on merger | Ireland | The Times
![Dublin-based Smurfit Kappa has rejected an acquisition proposal from Memphis-based International Paper Co. - Memphis Business Journal Dublin-based Smurfit Kappa has rejected an acquisition proposal from Memphis-based International Paper Co. - Memphis Business Journal](https://media.bizj.us/view/img/10470621/industrial-packaging3-ip*750xx1493-840-0-74.png)
Dublin-based Smurfit Kappa has rejected an acquisition proposal from Memphis-based International Paper Co. - Memphis Business Journal
![Is Smurfit Kappa a sitting duck for an activist investor as others box up and move? – The Irish Times Is Smurfit Kappa a sitting duck for an activist investor as others box up and move? – The Irish Times](https://cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/AMCLSX65PEOV6X3R4RXAMBICIM.jpg)