UPM, Sappi to make case for graphic-paper venture at EU hearing on Tues
By Andrew Boyce and Nicholas Hirst ( September 10, 2026, 14:51 GMT | Insight) -- UPM and Sappi are set to counter EU objections to their €1.42 billion plan to merge their graphic paper businesses in Europe at closed-door hearing next Tuesday, MLex has learned. Last month the European Commission issued a formal charge sheet against the proposed joint venture, saying it risked increasing prices and decreasing quality for types of paper used for books, magazines, flyers and brochures.Finland's UPM and South African rival Sappi are set to counter EU objections to their €1.42 billion ($1.65 billion) plan to merge their graphic paper businesses in Europe at a closed-door hearing next Tuesday, MLex has learned....
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