UPM-Sappi joint venture could harm competition in paper markets, warns EU watchdog
( April 28, 2026, 17:46 GMT | Official Statement) -- MLex Summary: The proposed joint-venture between "main rivals" UPM and Sappi may hurt competition in the markets for magazine paper, fine paper and certain specialty paper markets, the EU merger watchdog said Tuesday. It opened an in-depth probe into the deal and said it would also further assess the companies' claims that the JV would lead to cost, environmental and resilience benefits for Europe.Full press release follows:...
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