Smurfit Kappa Shares Dip Ahead of Merger with WestRock

Smurfit Kappa’s shares dipped on their final day of trading on the Irish stock market before their $24 billion merger with WestRock, creating the world’s largest paper packaging entity. Despite the drop, the company’s market value remained strong at €10.8 billion, reflecting a 36% increase over the past year. The merger will result in Smurfit Kappa shareholders holding a 50.4% stake in the new entity, named Smurfit WestRock, with headquarters in Dublin under current leadership. The move marks a significant shift for Smurfit Kappa, concluding its long-standing association with the Dublin market and signaling a new chapter in the global packaging sector.