British packaging firm DS Smith to raise $1.3 bln via rights issue

LONDON, June 19 (Reuters) - UK-based packaging group DS Smith said on Tuesday it would raise around 1 billion pounds ($1.32 billion) via a rights issue, with the proceeds to partly fund its acquisition of Spanish rival Europac for 1.9 billion euros ($2.21 billion).

from Reuters: New Issues News https://ift.tt/2tiMigf