SKG Completion of Placing
Completion of Placing
Smurfit Kappa Group PLC (“SKG” or the “Group”) has been informed that Credit Suisse Securities (Europe) Limited and Davy have successfully placed 25,000,000 existing ordinary shares (“Shares”) in SKG on behalf of Smurfit Kappa Feeder G.P. Limited (the “Feeder”), an entity controlled by Cinven Limited and CVC Capital Partners, and entities controlled by Madison Dearborn Capital Partners (“MDCP”), by way of an accelerated bookbuild (the “Placing”). The Shares were placed with institutional investors at a price of €8.50 per share.