Smurfit Kappa Group PLC not to face hostile takeover bid as US giant International Paper Co. offer folds
![Ireland-based Smurfit Kappa reaffirms it is not interested in acquisition offer from International Paper Co. - Memphis Business Journal Ireland-based Smurfit Kappa reaffirms it is not interested in acquisition offer from International Paper Co. - Memphis Business Journal](https://media.bizj.us/view/img/10603806/ip-box-ip*750xx600-338-0-42.png)
Ireland-based Smurfit Kappa reaffirms it is not interested in acquisition offer from International Paper Co. - Memphis Business Journal
![US rival International Paper walks away from £8 billion Smurfit Kappa bid | London Evening Standard | Evening Standard US rival International Paper walks away from £8 billion Smurfit Kappa bid | London Evening Standard | Evening Standard](https://static.standard.co.uk/s3fs-public/thumbnails/image/2017/12/28/20/easter-eggs.jpg?width=1200&auto=webp&quality=75)
US rival International Paper walks away from £8 billion Smurfit Kappa bid | London Evening Standard | Evening Standard
![Dublin-based Smurfit Kappa has rejected an acquisition proposal from Memphis-based International Paper Co. - Memphis Business Journal Dublin-based Smurfit Kappa has rejected an acquisition proposal from Memphis-based International Paper Co. - Memphis Business Journal](https://media.bizj.us/view/img/10470621/industrial-packaging3-ip*750xx1493-840-0-74.png)