WestRock Stockholders Approve Combination with Smurfit Kappa

WestRock Company
June 13, 2024
Category: Finance & Economics
Region: United States, US East

ATLANTA — WestRock Company, a provider of fiber-based paper and packaging solutions, announced that, based on the preliminary vote count, WestRock stockholders voted to approve the Transaction Agreement and other proposals related to the combination of Smurfit Kappa Group and WestRock at WestRock’s Special Meeting of Stockholders. Pursuant to the terms of the Transaction Agreement, Smurfit WestRock will acquire Smurfit Kappa by means of a scheme of arrangement under the Companies Act 2014 of Ireland, and Sun Merger Sub, a wholly owned subsidiary of Smurfit WestRock, will merge with and into WestRock, with WestRock surviving the Merger and becoming a wholly owned subsidiary of Smurfit WestRock. Completion of the Combination remains subject to certain conditions, as described in the Transaction Agreement.

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