DS Smith (GB:SMDS) has released an update.
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Bank of America Corporation has significantly increased its voting rights in DS Smith PLC, crossing the 5% threshold. This acquisition highlights a strategic move by the financial giant, enhancing its influence over the UK-based packaging company. Investors in DS Smith may find this development noteworthy as it could impact the company’s future direction and stock performance.
For further insights into GB:SMDS stock, check out TipRanks’ Stock Analysis page.