Brief: UPM And United Bankers' Forest Funds Sign Contract On Forest Estate Transaction And Long-Term Partnership

United Bankers Oyj.

18/12/2018 09:01

Dec 18 (Reuters) - Upm-Kymmene Oyj  UPM.HE :
    * UPM AND UNITED BANKERS' FOREST FUNDS HAVE SIGNED A
CONTRACT ON
FOREST ESTATE TRANSACTION AND LONG-TERM PARTNERSHIP
    * UPM-KYMMENE - UPM SELLS OVER 21,000 HECTARES OF LAND,
LOCATED
MAINLY IN KAINUU REGION, TO UNITED BANKERS FOREST FUNDS UB
TIMBERLAND AND UB NORDIC FOREST FUND III
    * UPM COMMITS TO MANAGE UNITED BANKERS FOREST PROPERTY
    * UNITED BANKERS COMMITS TO SELL A SIGNIFICANT AMOUNT OF
WOOD TO
UPM ANNUALLY.

Source text for Eikon:  ID:nGNE8bPrDh 
Further company coverage:  UPM.HE 

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