UPM says Sappi EU review progressing ‘as planned,’ US clearance received
By Andrew Boyce ( July 23, 2026, 12:04 GMT | Insight) -- UPM and Sappi continue to expect EU regulatory approval for their graphic paper joint venture this year, the Finnish manufacturer’s chief executive said. Massimo Reynaudo said UPM had already received antitrust clearance in the US, but there were still “many assessments ongoing,” including in the EU and UK.UPM and Sappi continue to expect EU regulatory approval for their graphic paper joint venture this year, the Finnish manufacturer’s chief executive said. He sought to reassure investors that the European Commission suspending its in-depth review didn’t amount to a delay....
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