Report
Pedro Echeguren

Europac: TOB from DS Smith: €16.80 plus €0.291 expected DPS. Accept the bid

DS Smith launches a take-over bid at €16.80 plus a €0.291 expected DPS

  • DS Smith bids for 100% of the shares
  • A bid agreed with the major shareholders
  • Competing bids are unlikely
  • We recommend to accept the bid
Underlying
Papeles y Cartones de Europa S.A.

Papeles y Cartones de Europa is the parent company of a group engaged in the transformation of raw materials and chemical products as well as the production of cellulose fibers and by-products, the manufacture of paper such as printing, packing, tissue, and writing paper, as well as cardboard, and corrugated cardboard and by-products. Co. through its subsidiaries is also engaged in the generation of high steam pressure and electric power from the fuel of natural and liquid gases, and the manufacture of containers and boxes made out of corrugated cardboard.

Provider
Bankinter S.A.
Bankinter S.A.

Bankinter S.A. is a Spanish brokerage firm established in 1989. The company's line of business includes the provision of market research and trading services for Equity and Fixed Income products.

Analysts
Pedro Echeguren

Other Reports on these Companies
Other Reports from Bankinter S.A.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch