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Jefferies upgrades Mondi after YTD underperformance

By Michele Maatouk

Date: Friday 15 Mar 2024

(Sharecast News) - Jefferies upgraded its rating on packaging firm Mondi on Friday following year-to-date underperformance.
The bank said the strategic rationale for the merger with rival DS Smith is "compelling", with "substantial" synergies and value creation.

"Consolidation is good for the industry - we upgrade standalone Mondi from hold...

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