Logout
Click here for Pulp & Paper Radio International
The Paperitalo Library
Free Downloads
Search
My Profile
Login
Quebec Superior Court Approves Domtar-Weyerhaeuser Transaction
Print
Montreal, Quebec, Canada, 27 February 2007 -- /PRNewswire/ -- Domtar Inc. (TSX/NYSE: DTC) announces that, following approval by its shareholders on 26February of the Plan of Arrangement required for its proposed combination with Weyerhaeuser's fine paper business and related assets, the Quebec Superior Court has issued a final order approving the plan. This completes all regulatory approvals required except for the final approval of the listings of the new company's common shares upon closing of the transaction scheduled for the week of 05 March.

Domtar is the third largest producer of uncoated freesheet paper in North America. It is also a leading manufacturer of business papers, commercial printing and publication papers, and technical and specialty papers. Domtar manages according to internationally recognized standards 18 million acres of forestland in Canada and the United States, and produces lumber and other wood products. Domtar has 8500 employees across North America. The company also has a 50% investment interest in Norampac inc., the largest Canadian producer of containerboard.

Source: Domtar, Inc.

 

Related Articles:


Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: