UPM-Kymmene Announces Approval for Demerger Plan Involving WISA Group Plc
The Finnish Financial Supervisory Authority has approved UPM-Kymmene Corporation's demerger and listing prospectus related to the establishment of WISA Group Plc. The proposed demerger involves transferring assets from UPM’s Plywood business area into a new entity, with an expected completion date on October 31, 2026.
Topics: corporate_restructuring demerger stock_exchange_release