Sappi says it's confident UPM joint venture will gain EU approval by end of year
( August 26, 2026, 15:30 GMT | Official Statement) -- MLex Summary: Sappi said it remained "confident" it would secure EU approval by the end of the year for plans to pool graphic paper assets in Europe with Finnish rival UPM, despite the bloc's merger regulator detailing concerns with the deal on Wednesday. "We will continue to engage constructively with the European Commission to address its preliminary considerations and demonstrate the benefits of the transaction," the South African company said in a statement. The statement follows. ...
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