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UPM-Kymmene/Sappi: EU Set to Press Charges Against Paper Merger As Regulators Move to Block Deal, Sources Say

The European Commission is set to press charges against Finland’s UPM-Kymmene (HEL: UPM) and South Africa’s Sappi (JSE: SAP) over their proposed €1.42 billion paper joint venture, according to sources with intimate knowledge of the EU’s thinking. Brussels is inclined to block the deal based on concerns that the transaction would lead to higher prices […]

Aug 05, 2026 Read Now >