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BRIEF-Paper Excellence Enters Into Definitive Agreement To Acquire Domtar For $55.50 Per Share In Cash

05/11/2021 08:33
BRIEF-Paper Excellence Enters Into Definitive Agreement To Acquire Domtar For $55.50 Per Share In Cash

- Domtar Corp UFS.N:

  • PAPER EXCELLENCE ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE DOMTAR FOR $55.50 PER SHARE IN CASH

  • DOMTAR CORP - ALL-CASH TRANSACTION REPRESENTS AN ENTERPRISE VALUE OF APPROXIMATELY $3.0 BILLION.

  • DOMTAR CORP - AFTER TRANSACTION CLOSE, PAPER EXCELLENCE INTENDS TO CONTINUE OPERATIONS OF DOMTAR AS A STAND-ALONE BUSINESS ENTITY

  • DOMTAR CORP - DOMTAR WILL CONTINUE TO BE LED BY ITS MANAGEMENT TEAM AND PAPER EXCELLENCE PLANS TO RETAIN ITS CORPORATE & PRODUCTION LOCATIONS

Source text for Eikon: ID:nBw4fVWSZa

Further company coverage: UFS.N


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