YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
WestRock Co. (NYSE: WRK) agreed to buy KapStone Paper and Packaging Corp. (NYSE: KS) in a deal valued at $4.9 billion.
WestRock will assume $1.36 billion in debt as part of the deal, according to Seeking Alpha.
“KapStone is a great fit with WestRock. Their complementary corrugated packaging and distribution operations will enhance WestRock’s ability to serve customers across our system," WestRock CEO Steve Voorhees said.
Read more from Seeking Alpha.
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