Post by
bcwestcoast on Aug 29, 2000 6:37am
DJ MARKET TALK/EU: UPM Marginally Dn On Repap
MARKET TALK/EU: UPM Marginally Dn On Repap Purchase
Seems positive....!
DJ MARKET TALK/EU: UPM Marginally Dn On Repap Purchase
Call ZURICH: 41-1-212-2181
0813 GMT (Dow Jones) HELSINKI--UPM-Kymmene (UPM) down a marginal 0.8%
following plan to buy Canadian paper maker Repap Enterprises (RPAPF). Brokers
say price tag on the deal making investors doubtful, pushing share slightly
down, but "the deal can't be considered excessively expensive for UPM," one
says. Helsinki's HEX general index down 1.2% to 13,253 points. (JT)