Britain's Mondi is exploring an all-share bid for DS Smith, hinting at a possible merger that could create a packaging giant worth over £10 billion ($12.6 billion).
This move underscores the ongoing trend of consolidation in the industry, driven by the need to adapt to market challenges and capitalize on emerging opportunities.
With DS Smith's shares surging in response to the news, stakeholders eagerly await Mondi's strategic vision post its recent divestment from Russia.
As the deadline for Mondi's decision approaches, the packaging sector braces for potential transformative changes in competitive dynamics and growth prospects.
