Canadian forest products company Resolute Forest Products Inc. has agreed to be bought by pulp manufacturer Domtar Corp. in a deal the companies valued at some $2.7 billion, including pension liabilities. Resolute Forest shareholders will receive $20.50 a share for each Resolute Forest stock they own, marking a premium of about 64% to the stock's closing price on Tuesday. That would value Resolute Forest at roughly $1.6 billion. Resolute Forest shareholders will also receive a contingent value right that entitles them to a share of future ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
