The WestRock (WRK) and Smurfit Kappa merger, which will create a new company, Smurfit WestRock, has been approved by shareholders of both companies.
ATLANTA, June 13, 2024--WestRock Company (NYSE: WRK), a leading provider of sustainable fiber-based paper and packaging solutions, today 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 plc ("Smurfit Kappa") and WestRock (the "Combination") at WestRock’s Special Meeting of Stockholders held earlier today.
Key Insights Institutions' substantial holdings in WestRock implies that they have significant influence over the...