UBS Group AG has recently acquired a larger stake in DS Smith PLC, now holding 5.56% of the voting rights in the UK packaging company.

This acquisition, which was officially reported on December 4, 2024, signifies UBS's increasing influence in the firm. The increased voting rights are expected to impact DS Smith's strategic decisions and corporate governance.

This development is being closely monitored by investors in the financial markets due to its potential implications for the company's future operations and performance.