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via finance.yahoo.comBusiness & Companies

UPM completes partial demerger; WISA Group to take over the Plywood business

FROM THE WIRE · FINANCE.YAHOO.COM

UPM-Kymmene Corporation Stock Exchange Release (Other information disclosed according to the rules of the exchange) October 28, 2026 at 13:00 EET HELSINKI, Oct. 28, 2026 /PRNewswire/ -- The Board of Directors of UPM-Kymmene Corporation ("UPM") has today decided to notify the…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe demerger transfers UPM's Plywood assets to WISA Group, with registration set for October 31, 2026.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01UPM's board decided to notify the Trade Register of the completion of the demerger.
  2. 02Registration is scheduled for October 31, 2026.
  3. 03The demerger plan had been approved on April 29, 2026.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
UPM-Kymmene OyjUPM.HEStock23.12 EUR+0.65%today -5.71%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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