Moody's says WestRock's Acquisition of Multi Packaging Solutions Is Credit Positive
Toronto, January 25, 2017-- Moody's Investor Service says that WestRock Company agreement to acquire packaging producer Multi Packaging Solutions Limited for about $2.3 billion is credit positive. The addition of MPS' 59 consumer packaging facilities across Europe, North America and Asia will further broaden WestRock's geographic and product diversification, generating cost synergies, while only modestly increasing its leverage. For additional commentary, please refer...
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