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Resolute Forest Products (RFP) Acquired by The Paper Excellence for $20.50/sh Plus Contingent Rights

Go back to Resolute Forest Products (RFP) Acquired by The Paper Excellence for $20.50/sh Plus Contingent Rights

PAPER EXCELLENCE GROUP ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE RESOLUTE FOR $20.50 PER SHARE AND ONE CONTINGENT VALUE RIGHT TIED TO POTENTIAL DUTY DEPOSIT REFUNDS OF UP TO $500 MILLION

July 6, 2022 6:50 AM EDT

(All financial information is in U.S. Dollars unless otherwise stated)

Strategic transaction to accelerate Paper Excellence's growth strategy, bringing complementary capabilities in lumber and pulp

MONTREAL, July 6, 2022 /PRNewswire/ - The Paper Excellence Group (the "Group"), through its wholly-owned subsidiary Domtar Corporation ("Domtar"), a global diversified manufacturer of pulp and specialty, printing, writing, and packaging papers, and Resolute Forest Products Inc. ("Resolute") (NYSE: RFP) (TSX:... More