As part of a programme to focus its business on speciality paper
and packaging products, Finland-based packaging group UPM-Kymmene
has agreed to sell its Loparex unit, part of a company division
that makes labels.
Stora Enso, the Finnish-based global wood-based products group, has
signed a new €2.5 billion revolving credit facility agreement with
a group of 21 banks, which will allow it to increase investment in
Key Technology, the US-based manufacturer of food processing
presses, issued earnings guidance for its fiscal third quarter and
said it received formal proposals from Banner Bank and ABN Amro
Bank for concurrent credit facilities...