Signature of binding share purchase agreement to acquire a majority interest in Otor
Following the announcement made on 7 July 2010, DS Smith today announces that it has entered into a binding share purchase agreement regarding the acquisition of the entire interest controlled by The Carlyle Group ("Carlyle") in Otor S.A. ("Otor" or the "Company"). The acquisition agreement is conditional, inter alia, upon obtaining the approval of DS Smith shareholders at a general meeting and relevant antitrust clearances having been received.