Nordic Paper's board recommends shareholders not to accept the offer. The share is currently trading at SEK 50.60, which is higher than the offer of SEK 50.
J-Pack provides various kinds of packaging services such as packing, warehousing, overseas moving, customs clearance, and logistics in Kanagawa and Chiba Prefectures.
International Paper and DS Smith continue to expect the Combination to close late in the fourth quarter of 2024, subject to regulatory clearance and other customary closing conditions.
According to EMA Director Donnie Ray, the fire spread when a digester, the main equipment for making chemical paper pulp, caught fire. As of Friday evening, there are still active flames in the digester which processes wood chips.
