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Sept 28 (Reuters) - Ryanair (RYA.I) announced on Thursday cuts to its winter schedule due to delays in the delivery of Boeing (BA.N) aircraft, but Europe's largest airline by passenger numbers said its full-year traffic forecast was unaffected "as yet". Ryanair said in a statement that it had expected to receive delivery of 27 aircraft between September and December. But due to production delays at the Spirit Fuselage facility in Wichita, Kansas, combined with Boeing repair and delivery delays in Seattle, it now expects to receive only 14 aircraft during the three-month period. "At this early date, we do not expect these delivery delays will materially affect our full-year traffic target of 183.5 million,” Group Chief Executive Michael O'Leary said. Ryanair had expected delivery of 57 Boeing aircraft between September 2023 and May 2024.
Persons: Michael O'Leary, Yadarisa, Conor Humphries, Nivedita Bhattacharjee, Sharon Singleton, Susan Fenton Organizations: Ryanair, Boeing, , East, Porto, Thomson Locations: Wichita , Kansas, Seattle, Charleroi, Belgium, Dublin, Bergamo, Naples, Pisa, East Midlands, Portugal, Cologne, Germany, Bengaluru
Michael Gambon Arriving At The World Premiere Of Harry Potter And The Deathly Hallows Part 2, In Trafalgar Square In Central London. Actor Michael Gambon, known for playing Professor Albus Dumbledore in multiple "Harry Potter" movies has died, his family said in a statement Thursday. "We are devastated to announce the loss of Sir Michael Gambon," said the statement issued on behalf of his wife, Anne, and son Fergus by publicist Clair Dobbs. He also won three Olivier Awards and two ensemble cast Screen Actors Guild Awards — for 2001's "Gosford Park" and "The King's Speech." But he was perhaps best known for his role as Dumbledore in the "Harry Potter" franchise, taking over the role from the late Richard Harris from the third installment in the eight-movie series.
Persons: Michael Gambon, Harry Potter, Albus Dumbledore, Sir Michael Gambon, Anne, Fergus, Clair Dobbs, Gambon, Laurence Olivier, Derek Jacobi, Maggie Smith, Cook, King George V, Lord Salisbury, Victoria, Abdul, Olivier, , Dumbledore, Richard Harris, Rowling's, Anne Miller, Philippa Hart Organizations: Hallows, Central London, National Theatre, British Academy of Film, Television Arts Locations: Trafalgar, Central, Dublin, Britain
CNN —Actor Michael Gambon, best known for playing Albus Dumbledore in most of the “Harry Potter” movies, has died at 82 following a “bout of pneumonia,” a statement issued on behalf of his family said on Thursday, PA Media news agency reported. I collect cars and guns, which are much more expensive, and much more difficult to store.”Michael Gambon in "Harry Potter and the Order of the Phoenix." Four years later, Gambon joined the Birmingham Repertory Company, finally playing title roles in his favorite Shakespearean plays. But it was as Hogwarts’ headmaster Dumbledore in the “Harry Potter” film series that Gambon will perhaps be best remembered, a role he took up following the death of Richard Harris in 2002. In all, Gambon was cast as Dumbledore for six of the eight “Harry Potter” films.
Persons: Michael Gambon, Albus Dumbledore, Harry Potter ”, , Sir Michael Gambon, Clair Dobbs, Michael, Anne, Fergus, ” Gambon, Gambon, toolmaker, “ I’ve, “ Richard Briers, Harry Potter, Murray, Laurence Olivier, Philip Marlow, , Dumbledore, Richard Harris Organizations: CNN, Media, Guardian, Warner Bros, Royal Academy of Dramatic, National Theatre Company, Birmingham Repertory Company, British Empire Locations: Cabra, Dublin, London, Irish, Camden, British
Boeing delivery delays disrupt Ryanair flights again
  + stars: | 2023-09-28 | by ( ) edition.cnn.com   time to read: +2 min
However, production delays at the Spirit Fuselage facility in Wichita, Kansas, combined with Boeing’s repair and delivery delays in Seattle, meant the budget airline now expects to receive only 14 aircraft between October and December. “At this early date, we do not expect these delivery delays will materially affect our full-year traffic target of 183.5 million [passengers],” Ryanair chief executive Michael O’Leary said. Asked if it could confirm the delays and when deliveries would be up to date, a spokesperson for Boeing said that the planemaker valued its partnership with Ryanair and was committed to supporting the airline. Ryanair already trimmed its full-year passenger forecast from 185 million in July, citing potential Boeing delays, as well as the impact of air traffic control strikes. Ryanair executives had said deliveries had “significantly improved” before Boeing discovered a production flaw last month that has slowed deliveries of its best-selling 737 MAX aircraft.
Persons: Michael O’Leary, O’Leary Organizations: Ryanair, Boeing, East, Porto Locations: Wichita , Kansas, Seattle, Charleroi, Belgium, Dublin, Ireland, Bergamo, Naples, Pisa, East Midlands, Portugal, Cologne, Germany
CNN —The biggest-ever drug seizure in the history of Ireland was intercepted off the coast of Cork in the southeast of the country on Tuesday, Irish police said. “It is the largest drug seizure in the history of the State,” Justin Kelly, Assistant Commissioner of An Garda Síochána, Ireland’s police force, said at the same conference. Three men, aged 31, 50 and 60, have been arrested on suspicion of organized crime and are currently being questioned at Garda stations in County Wexford, according to a Garda press release. Officers said the drugs originated from South America and were bound for crime groups in Ireland, the United Kingdom, and Europe. Assistant Commissioner Justin Kelly said the drug seizure was the largest in Ireland's history.
Persons: Matthew ”, Gerry Harrahill, ” Justin Kelly, ” Kelly, Justin Kelly, Garda Síochána, ” Tony Geraghty Organizations: CNN, Revenue, Dublin, State, Garda, Irish Air Corps, Irish Revenue Customs Service, Irish Defence Forces, Irish Naval Service, Maritime Analysis, Narcotics, European Union Locations: Ireland, Cork, South America, County Wexford, United Kingdom, Europe, Dublin, Lisbon, France, Italy, Spain, Netherlands, Portugal
DUBLIN (Reuters) - Irish rangers made the country's biggest ever drugs seizure after a naval operation involving warning shots being fired at a Panamanian cargo vessel which had refused to follow instructions, authorities said on Wednesday. The seizure of 2,253 kg (4,967 pounds) of cocaine worth an estimated 157 million euros ($166 million) came after members of the army ranger wing boarded the vessel off the country's southeast coast using ropes dropped from a helicopter in high winds. "I cannot overemphasise the significance of this operation and the disruption that this is going to cause the organised criminal group behind the shipment," he told a press conference. Kelly said the cocaine was partly destined for the Irish market and that the organised crime group comprised a number of different elements across Europe. The operation was conducted in collaboration with a group comprising five other EU member states and Britain.
Persons: Justin Kelly, Kelly, Padraic Halpin, David Holmes Organizations: DUBLIN, Reuters Locations: Panamanian, Panama, South America, Europe, Britain, Spain, Netherlands, Poland
Flutter, the world's largest online betting company, said the 700 million euro Serbian betting market is attractive due to its relatively low online penetration of around 35% and expected online compound annual growth to 2025 of approximately 15%. MaxBet, which generated pro forma fully regulated revenue of 145 million euros in the year to June, 44% of it online, also has a smaller presence in Bosnia, Montenegro and North Macedonia. "We believe MaxBet is an excellent opportunity to replicate the success we have achieved in markets like Georgia, India and Italy," Flutter CEO Peter Jackson said in a statement, referring to similar acquisitions in those markets. Flutter, which makes 78% of its revenue in its main divisions of the U.S., Australia and the United Kingdom and Ireland, operates in more than 100 countries around the world. ($1 = 0.9466 euros)Reporting by Padraic Halpin; Editing by Jan HarveyOur Standards: The Thomson Reuters Trust Principles.
Persons: Paddy Power, Peter Jackson, Padraic Halpin, Jan Harvey Organizations: DUBLIN, Thomson Locations: Balkans, Bosnia, Montenegro, North Macedonia, Georgia, India, Italy, U.S, Australia, United Kingdom, Ireland
Employees work on a Ryanair plane preparing to take off at the Rosalia De Castro airport in Santiago de Compostela, Spain June 24, 2022. The Irish airline, Europe's largest by passenger numbers, cited Dublin Airport Authority's increased passenger charges and a failure to deliver a "meaningful" environmental incentive scheme as motivation for the decision. The Dublin Airport Authority said in a statement that Ryanair was exaggerating the size of increased charges and that the authority was consulting with airlines about a proposed scheme to incentivise lower-emission aircraft in 2024. It said Dublin Airport's passenger numbers had recovered to pre-pandemic levels and that it had no need to incentivise new growth given a capacity limit under the airport's planning permission. Ryanair frequently cuts capacity from airports during disputes over charges and typically allocates aircraft to airports and regions offering the best growth incentives.
Persons: Rosalia De, Nacho, Eddie Wilson, Padraic Halpin, Conor Humphries, Kylie MacLellan Organizations: Ryanair, REUTERS, Rights, Boeing, MAX, Luton Airport, Irish, Dublin Airport Authority, Thomson Locations: Rosalia De Castro, Santiago de Compostela, Spain, Dublin, Italy
[1/5] An Italian Coast Guard vessel carrying migrants rescued at sea passes between tourist boats, on Sicilian island of Lampedusa, Italy. Well over 10,000 migrants reached the Italian island - whose permanent population is about 6,000 - last week. Lampedusa sits in the Mediterranean between Tunisia, Malta and the larger Italian island of Sicily and is a first port of call for many migrants seeking to reach the EU. In 2020, it was discontinued as other EU nations balked at Italian requests to have them redistributed around the bloc. Other EU states have not commented publicly on the idea of a naval blockade, which Italy says would also need the consent of North African states.
Persons: Yara, Sophia, Giorgia Meloni, Lampedusa, Meloni, Ursula von der Leyen, Ferruccio Pastore, Pastore, von der Leyen, Maurizio Ambrosini, Jan Strupczewski, Gavin Jones, Janet Lawrence Organizations: Italian Coast Guard, EU, European Union, European, International, European Forum, Research, Immigration, Human, Reuters, Dublin, University of Milan, Thomson Locations: Lampedusa, Italy, North Africa, ROME, Tunisia, Malta, Sicily, Europe, Albania, Italian, Rome, Tirana, France, Austria, Dublin, EU, Germany, Brussels, repatriations
REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsLONDON/DUBLIN, Sept 18 (Reuters) - Societe Generale's (SOGN.PA) much-hyped new strategy plans were given a thumbs down by investors on Monday, underscoring uncertainty over European banks as they face a brittle economy. "There are more questions about the future and the economy," Legras said, adding that transformative mergers between banks, which investors have waited for in vain, remained unlikely. Reuters GraphicsThat dampens the prospects for Europe's banks, whose valuations are low and static, said one adviser who works with top executives from the region's lenders, adding that investors struggle to see much promise for the sector. European banks' modest earning power has dampened investor appetite for their shares, which often trade at just a fraction of book value - the sum of their assets. While in the United States, JP Morgan and Morgan Stanley are valued at around 1.5 times book value, Germany's Deutsche Bank, Dutch lender ABN Amro, France's Credit Agricole and Britain's Standard Chartered are valued at just half book value or less.
Persons: Gonzalo Fuentes, Jerome Legras, Legras, Slawomir Krupa, Krupa, Goldman Sachs, JP Morgan, Frederic Rozier, Morgan Stanley, Karel Lannoo, Elisa Martinuzzi, John O'Donnell, Alexander Smith Organizations: Societe Generale, La Defense, REUTERS, Reuters, European Central Bank, European Union, Commission, Deutsche Bank, ABN Amro, France's Credit, Thomson Locations: La, Paris, France, DUBLIN, France's, Europe, United States, Germany, Mirabaud, U.S, Brussels
A view of shadows of migrants boarding a ship to be transferred to the mainland, on the Sicilian island of Lampedusa, Italy, September 15, 2023. REUTERS/Yara Nardi Acquire Licensing RightsFRANKFURT, Sept 16 (Reuters) - Germany has decided to keep taking in migrants and refugees arriving in Italy, the interior minister said late on Friday, two days after it announced the suspension of a voluntary agreement with Rome to receive new arrivals. Under an European Union solidarity scheme, Germany had pledged to help member states such as Italy that are particularly overwhelmed by migrants by taking in 3,500 people, but it announced the suspension of the accord on Wednesday. But interior minister Nancy Faeser said the recent arrival of thousand of migrants in the tiny Italian island of Lampedusa meant Germany would take in people after all. The Italian Coast Guard found a newborn baby dead on a boat carrying migrants to the island during a rescue operation, ANSA news agency reported on Saturday.
Persons: Yara, Nancy Faeser, Faeser, Giorgia Meloni, Ludwig Burger, Helen Popper Our Organizations: REUTERS, Rights, ARD, Italian, EU, Italian Coast Guard, Thomson Locations: Lampedusa, Italy, Germany, Rome, Union, Dublin, EU, German, North Africa
European regulators hit social media platform TikTok with a $368 million fine for lapses in children's privacy. It's the first time the video-sharing app has been penalized under Europe's data privacy rules. An investigation found significant lapses in the protection of children's privacy, it said. This isn't the first time that TikTok has been fined over data protection concerns. Data privacy regulators in the UK issued a £12.7 million ($15.7 million) fine to TikTok in April for mishandling children's data and breaching protections for young users' personal information, AP reported.
Persons: TikTok, Elaine Fox Organizations: Service, Associated Press, Ireland's Data Protection, AP Locations: Wall, Silicon, Dublin, Europe
LONDON (AP) — European regulators slapped TikTok with a $368 million fine on Friday for failing to protect children's privacy, the first time that the popular short video-sharing app has been punished for breaching Europe's strict data privacy rules. And it nudged teen users into more “privacy intrusive” options when signing up and posting videos, the watchdog said. The Irish regulator has been criticized for not moving fast enough in its investigations into Big Tech companies since EU privacy laws took effect in 2018. For TikTok, German and Italian regulators disagreed with parts of a draft decision issued a year ago, delaying it further. Instagram, WhatsApp and their owner Meta are among other tech giants that have been hit with big fines by the Irish regulator over the past year.
Persons: they're, TikTok, , , Elaine Fox Organizations: , Protection, Big Tech, Data, Meta Locations: Dublin, Europe, Brussels, China, Irish
DUBLIN, Sept 15 (Reuters) - Ireland is considering reintroducing tax relief on mortgage interest payments but any scheme is likely to be limited to borrowers hit hardest by rising interest rates, Prime Minister Leo Varadkar said on Friday. The government ended a broader scheme in 2020 that had offered tax relief to borrowers who had taken out mortgages in the lead-up to and aftermath of Ireland's 2008 banking crash. Ministers have come under pressure from opposition politicians to reopen the scheme with each European Central Bank rate hike, most recently on Thursday when policymakers pushed the euro zone's key interest rate to a record high of 4%. Data on Friday from Ireland's central bank showed that the total stock of mortgages in arrears fell 4% quarter-on-quarter in the three months to June. (This story has been refiled to correct photo)Reporting by Padraic Halpin; Editing by Sachin RavikumarOur Standards: The Thomson Reuters Trust Principles.
Persons: Leo Varadkar, Varadkar, Derville Rowland, Padraic Halpin, Sachin Ravikumar Organizations: DUBLIN, Ministers, European Central Bank, Central Bank of Ireland, Thomson Locations: Ireland, Ireland's
EU flag and TikTok logo are seen in this illustration taken, June 2, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsCompanies TikTok FollowMeta Platforms Inc FollowDUBLIN, Sept 15 (Reuters) - TikTok has been fined 345 million euros ($370 million) for breaching privacy laws regarding the processing of children's personal data in the European Union, its lead regulator in the bloc said on Friday. The DPC gave TikTok three months to bring all its processing into compliance where infringements were found. It has a second probe open into the transferring by TikTok of personal data to China and whether it complies with EU data law when moving personal data to countries outside the bloc. The DPC has hit other tech giants with big fines, including a combined 2.5 billion euros levied on Meta (META.O).
Persons: Dado Ruvic, TikTok, Padraic Halpin, Jason Neely Organizations: REUTERS, European Union, Data Protection, Meta, Thomson Locations: Ireland, China
Which leaves Irish lawmakers in a quandary. As the government prepares its annual budget statement in October, it must settle the tricky question of what to do with this pot of money. Yet for peculiarly Irish reasons, none of these apparent boons would be, in itself, an easy option. “Whatever they do, it will leave some people feeling very grumpy,” said Cliff Taylor, a business columnist at The Irish Times. There is talk, he said, of putting the money aside in a sovereign wealth fund, to help support rising pension costs as the population ages.
Persons: , Cliff Taylor Organizations: The Irish Times Locations: Dublin
Sept 14 (Reuters) - Artificial intelligence leader OpenAI is opening an office in Dublin, the Microsoft (MSFT.O)-backed company announced Thursday. Its headquarters are in San Francisco and it announced it was opening a London office in June. The Dublin office will not be the company's European headquarters and there will not be an executive running the office, at least not yet, Kwon said. In opening a Dublin office, OpenAI is following a well-established American tech company strategy. Tax implications did not play a role in the decision, as OpenAI is not profitable, Kwon said.
Persons: OpenAI, Jason Kwon, Kwon, OpenAI's ChatGPT, Anna Tong, Rosalba O'Brien Organizations: Microsoft, Reuters, Meta, Google, Thomson Locations: Dublin, San Francisco, Ireland, American, Europe
Though the quote is widely attributed to Yeats online, there is no record of him having ever written or said the line, said Susan O’Keeffe, the director of the Yeats Society Sligo in Sligo, Ireland. “The thing about Yeats that’s worth bearing in mind is that an awful lot of his letters and his articles and his essays were kept,” Ms. O’Keeffe said. The organizers “set out to do a good thing, and they have done a good thing,” she said. The organizers of the Dublin Marathon, which was established in 1980 and is sold out this year with 22,500 runners, have over the years used the medal design as a way to commemorate prominent figures who have contributed to Irish society. Some of the commentary this year has centered on “the view that this quote has never definitively been proven to be Yeats,” said Sinéad Galvin, a spokeswoman for the marathon.
Persons: Yeats, Susan O’Keeffe, Ms, O’Keeffe, , , Sinéad Galvin Organizations: Yeats Society Sligo, Dublin Marathon Locations: Sligo, Ireland
William Null, twin brother Michael Null and Eric Molitor are the last of 14 men to face charges in state or federal court. They were not among the main group of six people charged with a kidnapping conspiracy in federal court. Molitor, 39, and William Null, 41, acknowledged the road trips but told jurors they didn't really understand the purpose. William Null said he was regularly exposed to “crazy talk" by pot-puffing plot leaders Adam Fox and Barry Croft Jr. and didn't think it was too serious until conversations turned to explosives. But during tense cross-examination, prosecutor William Rollstin reminded him of his anti-government views on social media and disgust for Whitmer, especially her COVID-19 restrictions.
Persons: Michigan's, William Null, Michael Null, Eric Molitor, they're, Adam Fox, Barry Croft Jr, William Rollstin, Whitmer, ” Rollstin, Null, Dan Chappel, Donald Trump, Trump, Ed White Organizations: FBI, Army Locations: Antrim County, Molitor, Bellaire , Michigan, Detroit, Dublin , Ohio
Smurfit Kappa and WestRock will join to create a global packaging company with a value of almost $20 billion. WestRock shareholders will receive $5 in cash and one share in the new company, called Smurfit WestRock, for each WestRock share that they own. Smurfit Kappa stockholders will receive one share in the new company for each Smurfit Kappa share. Smurfit WestRock will be incorporated and domiciled in Ireland, with global headquarters in Dublin, Ireland, where Smurfit Kappa is based. Irial Finan, the chairman at Smurfit Kappa, will be chair of the company and Ken Bowles, chief financial officer at Smurfit Kappa, will serve as CFO of Smurfit WestRock.
Persons: WestRock, Smurfit, Tony Smurfit, Irial Finan, Ken Bowles, Smurfit WestRock Organizations: Kappa, West Pharmaceutical, Smurfit Kappa, Smurfit, European Union, New York Stock Exchange Locations: Europe, U.S, Brazil, Mexico, Ireland, Dublin, Atlanta
SMBC agrees $3.7 bln deal for 25 Boeing 737 MAX jets
  + stars: | 2023-09-12 | by ( ) www.reuters.com   time to read: +1 min
DUBLIN, Sept 12 (Reuters) - Global leasing giant SMBC Aviation Capital said on Tuesday it had concluded an order for 25 Boeing (BA.N) 737 MAX aircraft in a deal worth more than $3.7 billion at current list prices that would support its growth plans and meet customer demand. SMBC, the world's second largest aircraft leasing firm, said the new planes are scheduled for delivery in 2028 and 2029 and will increase its orders of Boeing's more fuel-efficient MAX jets to 81 aircraft. "Our customers have demonstrated clear long-term demand for the 737 MAX and our expanded order pipeline positions SMBC Aviation Capital for future growth against the background of a strong global recovery in air travel," SMBC CEO Peter Barrett said in a statement. The Irish-based lessor, which is owned by a consortium including Japan's Sumitomo Corp (8053.T) and Sumitomo Mitsui Financial Group , currently owns or manages 65 MAX aircraft, out of a total portfolio of 711 planes. Boeing said last week that it is set to meet targets to deliver at least 400 narrowbody 737s this year despite a recently discovered production flaw that has slowed deliveries of the best-selling 737 MAX.
Persons: Peter Barrett, Padraic Halpin, Jason Neely Organizations: DUBLIN, Global, SMBC Aviation Capital, Boeing, Japan's Sumitomo Corp, Sumitomo Mitsui Financial Group, Thomson
WestRock stockholders will get one share in the new company, called Smurfit WestRock, and $5 in cash for each share they hold, which works out to $43.51 per share, the companies said in a statement. Smurfit Kappa shareholders will receive one new Smurfit WestRock share for each share they hold. That could make the deal more than 20% accretive to Smurfit Kappa's earnings per share, the statement added. Smurfit WestRock will be domiciled in low tax Ireland with its global headquarters in Dublin. Smurfit Kappa will de-list from Euronext Dublin, the latest blow for the Irish bourse as building materials giant CRH prepares to leave later this month.
Persons: WestRock, JP Morgan, Jefferies, Tony Smurfit, Ken Bowles, Irial Finan, Smurfit, Yadarisa, Padraic Halpin, Louise Heavens, Jason Neely Organizations: Kappa, Europe's, JP, Smurfit, Smurfit Kappa, London Stock Exchange, Irish bourse, Thomson Locations: DUBLIN, COVID, South, Central, North America, Europe, Ireland, Dublin, New York, Bengaluru
Safra Catz, CEO of Oracle Corporation, rings the opening bell at the New York Stock Exchange (NYSE) in New York City, U.S., July 12, 2023. Check out the companies making headlines before the bellOracle – Shares fell 10% before the opening bell after the company posted weaker-than-expected revenue and revenue guidance for the second fiscal quarter. For the recent quarter, the software company reported adjusted earnings of $1.19 per share, versus the $1.15 expected by analysts polled by LSEG. Apple – The stock inched higher before the bell ahead of the technology giant's eagerly anticipated iPhone launch event beginning at 1 p.m. Casey's General Stores – The retail stock added more than 4% in the premarket after topping earnings expectations for the recent quarter.
Persons: Safra Catz, giant's, Geron, Goldman Sachs Organizations: Oracle Corporation, New York Stock Exchange, Oracle, LSEG . Revenue, Smurfit Kappa, Kappa, Apple, Bank of America, Casey's, FactSet . Revenue Locations: New York City, U.S, Dublin
Shares of Dublin-based packaging group Smurfit Kappa plunged 11% at Tuesday's market open in London after it announced it would combine with U.S. peer WestRock to create an industry juggernaut. The companies will form Smurfit WestRock — set to be one of the largest packaging companies in the world — run through a holding company incorporated and domiciled in Ireland. It will seek a New York listing with a standard listing on the London Stock Exchange. WestRock shareholders will receive one Smurfit WestRock share and $5 cash, equivalent to $43.51 per share. "We identified [Westrock] as an asset that we can develop with and combine with to be an even better asset.
Persons: Kappa, We've, Tony Smurfit, CNBC's Organizations: U.S, London Stock Exchange Locations: Dublin, London, Ireland, York, United States, . London
Paper and packaging businesses Smurfit Kappa and WestRock on Tuesday announced they had agreed to combine. The companies will form Smurfit WestRock, run through a holding company incorporated and domiciled in Ireland, with global headquarters in Dublin, and North and South American operations headquartered in Atlanta, Georgia. It will be led by CEO Tony Smurfit. Shareholders of U.S.-based WestRock will receive one Smurfit WestRock share and $5 cash, equivalent to $43.51 per share. The merger is expected to be completed in the second quarter of 2024, subject to shareholder and regulatory approval.
Persons: Tony Smurfit, Kappa, — Jenni Reid Organizations: Kappa, Tuesday, U.S Locations: Ireland, Dublin, North, American, Atlanta , Georgia
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