Click here for Pulp & Paper Radio International
The Paperitalo Library
Free Downloads
My Profile
UPM Seeks to Acquire M-real's Holdings in Myllykoski Paper Oy

Helsinki, Finland, 30 June 2011 -- UPM has conditionally agreed to acquire M-real’s holding in Myllykoski Paper Oy. UPM would acquire M-real’s 35% holding in Myllykoski Paper Oy and the capital loan M-real has granted to Myllykoski Paper Oy for a total of EUR 10.5 million.

This transaction is subject to the closing of UPM-Kymmene’s acquisition of Myllykoski Corporation and Rhein Papier GmbH and to the approval of the relevant regulatory authorities. Today’s transaction is expected to be closed toward the end of the third quarter of 2011.


Related Articles:

Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: