Paper Excellence to acquire fiber-based products provider Domtar for $3bn

Paper Excellence to acquire fiber-based products provider Domtar for $3bn

Paper Excellence, a Canadian pulp and paper manufacturer has agreed to acquire Domtar, a US-based provider of fiber-based products, for $55.5 per share in cash or about $3 billion. Domtar’s fiber-based products include communication, packaging, and specialty papers, market pulp, and airlaid nonwovens. The company employs nearly 6,400 people and serves over 50 countries. Listed […]