Acquisition by DS Smith of majority stake in Otor
Following the announcement made on 26 August 2010, DS Smith today announces that it has acquired all the shares held directly and indirectly by The Carlyle Group in Otor S.A. ("Otor") (representing 94.75 per cent. of the share capital of Otor), together with shares in Otor held by management. As a result of this transaction, DS Smith holds directly and indirectly more than 95.00 per cent. of the share capital and voting rights of Otor. The price paid by DS Smith is EUR 8.97 per Otor share.