UPM-KymmeneOyjrallied 3.9 percent to 12.36 euros as Europe’s second-biggest paper maker said it’s in talks that may lead to theacquisition of competitor Myllykoski Oyj.
UPM-Kymmene announced the euro3.6 billion purchase of Haindl, Germany's biggest publishing-paper producer and a company considered one of the most efficient in the world.