Sappi and UPM propose €1.42 billion graphic-paper joint venture

South Africa's Sappi and Finland's UPM-Kymmene have submitted proposed remedies to European regulators for their proposed €1.42 billion ($1.6 billion) graphic-paper joint venture. Sappi offered concessions to address competition concerns.

“Sappi and UPM have submitted proposed remedies to European regulators reviewing their €1.42 billion ($1.6 billion) graphic-paper joint venture.”africa.businessinsider.com

• 1 source
• africa.businessinsider.comSouth Africa’s Sappi offers concessions to save $1.6 billion transatlantic merger that would fold UPM’s US paper business into Europe’s largest producerAyodeji AdegboyegaNov 7, 2026

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