Brussels, 07/03/2011 (Agence Europe) - On Friday 4 March, the European Commission opened an in-depth investigation into the planned acquisition of sole control by UPM-Kymmene Corporation (UPM) of Myllykoski Corporation (Myllykoski), both of Finland, and Rhein Papier GmbH (Rhein Papier), of Germany, all active in the paper industry.
It emerges that the proposed merger, of which the Commission was notified on 28 January, could raise serious competition concerns as the merged entity would have...