Reuters
04 Jun 2026, 15:36 UTC · 2h ago
EU regulators pause probe into $1.65 billion UPM-Sappi deal, await data

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Reuters
04 Jun 2026, 15:36 UTC · 2h ago

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Story key points
1 claims · impact-rated
EU antitrust regulators have paused the review of the €1.42 billion paper joint venture between UPM-Kymmene and Sappi. — Regulatory delays create uncertainty regarding the timing and certainty of the deal's closure, potentially weighing on the affected companies' stock prices.
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The EU has paused the review of a proposed joint venture, creating uncertainty and delaying the deal.
The EU has paused the review of a proposed joint venture, creating uncertainty and delaying the deal.
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[mutual] UPM-Kymmene and Sappi have proposed a €1.42 billion paper joint venture.
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