UPM-Kymmene Oyj and Sappi Ltd. plan to combine their graphic paper assets into a joint venture with an enterprise value of €1.42 billion ($1.7 billion). The companies signed a non-binding letter of ...
UPM-Kymmene OYJ is a Finnish paper/forestry company with excellent fundamentals, a solid 5%+ yield, and a BBB+ credit rating, making it a strong investment. The company expects significant earnings ...
HELSINKI, Dec. 4, 2025 /PRNewswire/ -- UPM-Kymmene Corporation ("UPM") and Sappi Limited ("Sappi") have signed a non-binding letter of intent to form a graphic paper joint venture ("the Joint Venture" ...