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Nampak wraps up takeover

Nampak wraps up takeover

AN SA packaging group, with a turnover of R18 billion (€1.78bn) a
year, is due to emerge from the Nampak-Malbak merger, which crossed
its last major hurdle yesterday when Malbak shareholders approved
the R1.97bn transaction.

Rift over Smurfit offer

Rift over Smurfit offer

Irish investors have sharply criticised Jefferson Smurfit, the
Dublin-based paperboard and packaging company, for its willingness
to accept a €3.7 billion takeover bid from Madison Dearborn
Partners, the US private equity firm.

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