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Louisiana-Pacific Corp. (LPX) Announces Acquisition of International Barrier Technology Inc. for $22M

August 1, 2017 5:51 AM EDT

Louisiana-Pacific Corporation (LP) (NYSE: LPX) today announced it has entered into an arrangement agreement to acquire Watkins, Minn.-based International Barrier Technology Inc. (Barrier) for $22 million.

The agreement is for 100 percent of the shares of Barrier, a British Columbia company publicly traded on the TSX Venture Exchange, making Barrier a wholly owned subsidiary of... More