UPM says Sappi joint venture would benefit European industry, customers
( August 26, 2026, 08:41 GMT | Official Statement) -- MLex Summary: UPM has said it is confident it will be able to respond fully to the EU merger regulator's concerns over its planned graphic paper joint venture with rival Sappi, and pledged to engage constructively with the European Commission's probe of the deal. In a response to the commission's preliminary assessment of the deal, the Finnish company said it was convinced the planned joint venture was a necessary step to secure reliable supply continuity for graphic paper customers in Europe and strengthen the resilience of the entire European graphic paper industry and its customers.The statement follows. ...
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