UPM-Sappi JV hit with EU statement of objections
( August 26, 2026, 08:01 GMT | Official Statement) -- MLex Summary: The European Commission on Wednesday sent a statement of objections to paper-makers UPM and Sappi, warning that plans to merge European activities risked harming competition on the markets for different types of communication paper. "The commission is concerned that the joint venture would be able to increase prices, and that customers would have less choice as a result of the transaction," it said in a statement.The press release follows....
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