Jefferson Smurfit Corporation of St. Louis, US is to merge with Stone Container of Chicago. The merger is worth approximately $2 billion and will create one of the world's largest paperboard and paper packaging companies. It will be known as Smurfit-Stone Container Corporation and will be worth approximately $11 billion.
Davis, Polk & Wardwell in New York is advising Jefferson Smurfit. The tax team includes partner William Gifford and associates Michael Molenaars and Devorah Sprecher.
Tax partner Bridget O'Neill of Sidley & Austin in Chicago advised Stone Container.
