These are rumours .UPM is in a mess big losses in Europe and...

These are rumours .UPM is in a mess big losses in Europe and still lots of sackings in Germany to come with the takeover of Myllykoski and all the debt. They are also being hunted for big fines in Finland for participation in a wood pricing cartel in Finland with Stora and M Real now called Metsa Group. All these groups are bleeding without the drop in the euro .UPM ratted on the others and thought that the fine would go away but the duped forest owners have othre thoughts. UPM is building a biofuel plant for around 200 million euors as its more profitable than paper production. Gunns is a Asian play and thats why Chandler is in the Gunn...with the rest of the Asian sharks.