Moneybags

SMURFIT KAPPA’S VISION COSTLY FOR SHAREHOLDERS

Date: December 16, 2020 - Moneybags

Tony Smurfit

Tony Smurfit


ALMOST THREE years ago, Smurfit Kappa shareholders were presented with a takeover at €40 a share that was rejected out of hand by CEO Tony Smurfit and his board. Today, Smurfit Kappa shares are still around 10% below this and the shareholders were instead landed with a €650m diluting placement last month to enable the… Read more »

To access this content, you must be a Phoenix subscriber.

Get access to The Phoenix online for as low as €1.50 per week. Read all the regular online only Phoenix stories AND receive the packed digital edition every fortnight (25 per year). Great value for so many inside stories!

Subscribe Now! I'm a Subscriber

Related Articles: