DS Smith confirms completion of SCA deal

The recycled packaging firm, DS Smith, says it has cleared all the hurdles needed to complete its reverse takeover of Swedish giant SCA Packaging.

The recycled packaging firm, DS Smith, says it has cleared all the hurdles needed to complete its reverse takeover of Swedish giant SCA Packaging.

SCA is by some measures Europe's second largest packaging company and the deal is expected to cost FTSE 250 player DS Smith a cool €1.7bn.

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