International Paper's offer is worth 8.9 billion euros ($10.5 billion). "International Paper Won't Make Hostile Smurfit Kappa Offer," at 0938 GMT, misstated the value of the offer in the first paragraph. The offer is worth EUR8.9 billion and not EUR8.6 billion ($10.17 billion).

(END) Dow Jones Newswires

May 16, 2018 10:36 ET (14:36 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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