Resolute, paper excellence merger receives canadian competition bureau approval

(all financial information is in u.s. dollars) richmond, bc and montreal, dec. 28, 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: rfp), a global forest products company, jointly announced that the canadian commissioner of competition has entered into a consent agreement regarding the parties' business combination. once the combination has been finalized, domtar will acquire all of the outstanding common shares of resolute stock for $20.50 per share and one contingent value right tied to potential duty deposit refunds of up to $500 million.
RFP Ratings Summary
RFP Quant Ranking