UPM-Kymmene approves partial demerger and conditional creation of WISA Group
AI Summary- UPM-Kymmene Corporation’s extraordinary meeting approved a partial demerger and conditional WISA incorporation.
- 25,000,000 shares may be issued; WISA may acquire or pledge up to 50,000,000 shares.
- WISA’s board will have six members, with terms ending after its first annual meeting.