Smurfit Kappa Group and WestRock Co. have officially signed a merger agreement, creating a global paper and packaging powerhouse valued at approximately $20 billion. The merger was announced on September 7, and the new company will be named Smurfit WestRock. It will be listed on the New York Stock Exchange and have a standard listing in London. Leadership and Ownership … [Read more...] about Smurfit Kappa Group and WestRock Co. Sign Merger Agreement
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WeWork Looks to Renegotiate Leases and Reinvest in Key Properties
WeWork Inc., the office-sharing company that faced a potential financial crisis in August, announced on Wednesday its intentions to renegotiate global leases as part of its efforts to reduce operating costs. In order to achieve this, the company plans to exit "unfit and underperforming locations" while reinvesting in its strongest assets. According to Chief Executive David … [Read more...] about WeWork Looks to Renegotiate Leases and Reinvest in Key Properties
