Sidley is representing International Paper Co. (IP), a global provider of renewable fiber-based packaging and pulp products, as U.S. antitrust counsel in connection with its US$9.9 billion acquisition of DS Smith PLC, a UK-based packaging provider. This all-share combination is expected to bolster IP’s global packaging business, creating a global leader in sustainable packaging solutions. The transaction is expected to close in the fourth quarter of 2024.
The Sidley team is being led by Jim Lowe (Antitrust and Competition), and includes Laura Collins, Edward Sharon, Jason Semmes, and Jerilynne Ming (Antitrust and Competition); and law clerk Melissa Gerdts (White Collar Defense and Investigations).