WestRock Company and KapStone Paper and Packaging Corporation have agreed to a $4.9 billion deal that would enable WestRock to acquire all outstanding shares of KapStone for $35 per share and approximately $1.36 billion in net debt.
Advantage Solutions, Irvine, California, and Daymon Worldwide, Stamford, Connecticut, are forming a partnership to provide both brand- and retailer-centric services.
Formerly chief integration officer for Nestlé Business Excellence in North America, Tom Smith will now oversee Nestlé Waters North America's U.S. sales operations.