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Now 3 bidders in the scramble for Smurfit

  • 24-06-2002 6:06pm
    #1
    Closed Accounts Posts: 2,695 ✭✭✭


    After 12 long years as a Smurfit Shareholder it appears that my long sufferance with other Shareholders is being soothed by the prospect of a...
    "Dutch Auction"

    There is now a 3rd Bidder (Mondi Packaging) along with Texas Pacific and the original bidders Madison Dearborn scrapping it out to takeover and privatise the company. I just hope it all resolves itself before I'm out of the country. Me wants some pocket money :)

    Any other Smurfit "Heads" out there?

    --
    BTW,
    heres a link...http://www.onbusiness.ie/2002/0624/smurfit.html


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