Pulp love i.e. Stora, UPM, Metsä etc.

[Logitech]

@\"PorssiPatruuna

Although UPM managed to convince the competition authority back then with its Myllykoski arrangement, it might be a tight fit this time. Most likely, the Sappi deal won’t go through completely smoothly. We’ll be wiser in a couple of months!

Wasn’t it already in the Myllykoski deal that the Walsum mill had to be sold on to Norske for competition reasons?
Perhaps this one too will be resolved by having some of the mills:

1. Sold for one euro to private equity investors, or
2. Shut down

In any case, mills will be drastically reduced because there is tens of percent of overcapacity. Closing a mill costs around €100 million with all expenses, so the bill will come from that as well.

EDIT: That Walsum thing was actually related to the Haindl acquisition in 2001, not Myllykoski.