Sappi CEO argues merits of $1.64 billion UPM deal to EU antitrust officials
By Foo Yun CheeThe chief executive of South African papermaker Sappi JSE:SAP on Tuesday argued the merits of its €1.42 billion ($1.64 billion) paper joint venture with Finland's UPM-Kymmene OMXHEX:UPM to EU antitrust officials, a month after the companies were warned about potential anti-competitiv…