National Flexible, the Bradford-based film packaging specialists, have become the very first in the UK packaging industry to take advantage of a ground-breaking advance in printing technology for Dr Organics’ range of soap bars.
RockTenn (NYSE:RKT) and Smurfit-Stone Container Corporation (NYSE:SSCC) today announced that the Boards of Directors of both companies have approved a definitive agreement under which Smurfit-Stone will become a wholly owned subsidiary of RockTenn. The aggregate consideration, consisting of 50% cash and 50% RockTenn stock, is valued at $35 per-share of Smurfit-Stone common stock, and represents a 27% premium to Smurfit-Stone’s closing stock price on January 21, 2011. The aggregate equity value of the transaction, based on the closing price of RockTenn’s common stock on January 21, 2011, is approximately $3.5 billion.
RockTenn (NYSE:RKT) today reported earnings for the quarter ended December 31, 2010 of $1.27 per diluted share. The Company’s adjusted earnings were $1.28 per diluted share compared to the prior year quarter adjusted earnings of $0.94 per diluted share.
Smurfit-Stone Container Corporation (NYSE: SSCC) today reported net income of $49 million, or $0.49 per diluted share, for the fourth quarter ended Dec. 31, 2010, compared with net income of $65 million, or $0.65 per diluted share, for the third quarter of 2010, and a net loss attributable to common stockholders of ($6) million, or ($0.02) per share, for the fourth quarter of 2009.
Quadpack UK developed this airless jar and bottle collection for Dr. Tuhin Dev’s skincare range.
Make Light Work of New Pharmaceutical Packaging Requirements With Multi-Scan Solution From Fairfield Group
Top modern screen printing machine is setting new standards in the sector of plastic bottles of all shapes.
