Close

Domtar (UFS) to be Acquired by Paper Excellence for $55.50/Share in $3 Billion Deal

Go back to Domtar (UFS) to be Acquired by Paper Excellence for $55.50/Share in $3 Billion Deal

Paper Excellence Enters Into Definitive Agreement to Acquire Domtar for $55.50 Per Share in Cash

May 11, 2021 8:30 AM EDT

(All financial information is in U.S. Dollars)

Strategic transaction to accelerate Paper Excellences growth strategy, including entry into attractive US market; expands Domtars financial resources, potential customer base and product offerings

RICHMOND, British Columbia & FORT MILL, S.C.--(BUSINESS WIRE)-- Paper Excellence, a global diversified manufacturer of pulp and specialty, printing, writing, and packaging papers, and Domtar (NYSE: UFS) (TSX: UFS), a leading provider of fiber-based products, today announced that they have entered into a strategic... More