✉news WorldEU Politics first seen 3 d ago, last 2 d ago, peak #13
UPM and Sappi win extra time on EU antitrust remedies
Original: UPM, Sappi get more time to ease EU antitrust concerns with remedies
Finnish pulp and paper group UPM and Belgian papermaker Sappi have been granted additional time by the European Commission to propose remedies addressing EU antitrust concerns, according to a Reuters report. The extension gives the two companies more room to negotiate commitments that could clear the way for regulatory approval of their deal.
Why now: The EU antitrust review deadline was extended, prompting fresh attention to the deal's regulatory outlook.
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