UPM and Sappi nominate management for joint venture
The companies conditionally appointed senior leaders for their planned graphic paper JV pending regulatory approvals expected by late 2026.
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Material solutions company
upm.comLast updated
In short: UPM reported a 71% rise in Q2 profits, approved the WISA Group demerger, and faced EU scrutiny over its paper venture with Sappi.
The companies conditionally appointed senior leaders for their planned graphic paper JV pending regulatory approvals expected by late 2026.
The meeting elected Tapio Korpeinen as chair, authorized new share issuance, set director pay, and appointed Ernst & Young as auditor.
The supplement covers six-month financial information, guidance, and technical amendments ahead of the planned October demerger and November Nasdaq Helsinki listing.
Mika Kekki acquired 172 shares at 22.46 EUR and received 4 incentive shares as part of the savings plan.
Shareholders of the Finnish conglomerate UPM have decided on a partial split of the group. The UPM Plywood business segment will be transferred to the new company WISA Group, whose shares will be listed on the stock exchange.
UPM-Kymmene stock is trading steadily on Nasdaq Helsinki as investors weigh the planned WISA Group spin-off and the company’s ...
Aug. 10 Barclays Downgrades UPM-Kymmene to Underweight, Reduces PT MT Aug. 10 Barclays downgrades UPM to underweight and cuts target price FW Aug. 10 Barclays...
Six directors, a 25 million share mandate, and a 2 November listing. UPM's plywood arm leaves as WISA Group after the 31 ...
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