Smurfit Kappa shares hammered as £16bn US merger agreed

[ad_1] Investors signalled that Ireland-based Smurfit Kappa may be overpaying in its bid to expand into North America, after shares fell by more than 10% during trading. By James Sillars,…

Philip Morris International strikes $16bn deal for Swedish Match

[ad_1] Philip Morris International has struck a $16bn deal to buy Swedish Match, as the tobacco company makes its biggest bet yet on alternatives to cigarettes. Swedish Match is a…