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International Paper's DS Smith Targets €480M Savings Ahead of Standalone Listing

Source: marketbeat.com

M&A & RestructuringCorporate Guidance & OutlookCompany Fundamentals
International Paper's DS Smith Targets €480M Savings Ahead of Standalone Listing

DS Smith outlined plans to separate from International Paper (NYSE: IP) and list as an independent company. Its proposed strategy emphasizes cost reductions, operational simplification, customer growth and disciplined capital allocation; no financial targets or timing were provided.

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