UPM shareholders will receive one WISA Group share for each UPM share they own.
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Most products affected by the 50% tariff are sold in Canada, limiting exposure to about 1% of total sales, analysts estimate.
The Finnish Financial Supervisory Authority has approved WISA Group Plc’s demerger and listing prospectus.
Two-plant operator in Aichi becomes Rengo affiliate after investment follows 2024 supply agreement.