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Evening Standard

Holly Williams

DS Smith set for London market return as US owner plans European spin-off

International Paper London United States EMEA

Paper and packaging giant DS Smith is set to return to the London market just a year after being bought out by a US rival in a deal worth £5.8 billion (Alamy/PA) -

Paper and packaging giant DS Smith is set to return to the London market just a year after being bought by a US rival in a deal worth £5.8 billion.

Memphis-based International Paper plans to de-merge its European, Middle East and Africa division – largely made up of the DS Smith business – through a listing on both the London and New York stock exchanges.

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