Domtar corporation announces sale of personal care business to american industrial partners for $920 million

Fort mill, s.c.--(business wire)---- $ufs--domtar corporation (nyse: ufs) (tsx: ufs) today announced that it has entered into a definitive agreement to sell its personal care business to american industrial partners (aip) for $920 million. the sale of domtar's personal care business represents the culmination of a process announced on august 7, 2020, during which the company undertook a comprehensive strategic review of value-creating alternatives for the business. with this sale, domtar is reinforcing
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