Smurfit Kappa Group plc: Proposed Transaction
January 27 2010 - 5:00AM
UK Regulatory
TIDMSKG
Smurfit Kappa Group plc
SKG.I SKG.L
Dublin, London, 27 January, 2010 Smurfit Kappa Group plc ('SKG') confirms that negotiations are progressing concerning a transaction that would involve SKG acquiring Mondi Group's corrugated operations in the United Kingdom and Mondi Group acquiring SKG's European sack converting operations.
The transaction is subject to the normal procedures and conditions attaching to such transactions and is also subject to regulatory clearances.
There is no certainty that any such transaction will occur. A further announcement may be made as appropriate.
ENDS
Contacts
Bertrand Paulet FD K Capital Source
Smurfit Kappa Group
Tel: +353 1 202 71 80 Tel: +353 1 663 36 80
E-mail:ir@smurfitkappa.com E-mail: smurfitkappa@kcapitalsource.com
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