Finance1 min read

Mayr-Melnhof surges 16% on €2.4 billion deal to sell packaging stake to KPS

By · Via Investing.com Markets · Published by Everything Blog

In short

Shares of Mayr-Melnhof surged 16% following the announcement of a €2.4 billion agreement to sell a packaging stake to KPS. The multi-billion-euro transaction prompted the significant market rally.

Key points

  • Shares of Mayr-Melnhof surged 16% following the announcement of a €2.4 billion agreement…: Shares of Mayr-Melnhof surged 16% following the announcement of a €2.4 billion agreement to sell a packaging stake to KPS.
  • The multi-billion-euro transaction prompted the significant market rally.: The multi-billion-euro transaction prompted the significant market rally.
Finance