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UPM plans partial demerger to spin off plywood assets into WISA Group listing on Nasdaq Helsinki

PUBT·08/17/2026 13:02:03
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UPM plans partial demerger to spin off plywood assets into WISA Group listing on Nasdaq Helsinki
  • UPM-Kymmene plans a partial demerger that would transfer its plywood assets and liabilities into a new company, WISA Group.
  • An extraordinary general meeting on Aug. 31, 2026 will vote on the demerger plan.
  • Completion is targeted for Oct. 31, 2026, subject to shareholder approval.
  • WISA shares are expected to start trading on Nasdaq Helsinki on Nov. 2, 2026, or soon after.
  • Finland’s financial regulator cleared a prospectus supplement covering WISA unaudited carve-out and pro forma financials for the six months to June 30, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UPM-Kymmene Oyj published the original content used to generate this news brief via Cision (Ref. ID: 20260817:BIT:8576:0) on August 17, 2026, and is solely responsible for the information contained therein.