Canfor Corporation Completes Acquisition of Canfor Pulp Products

Canfor Corporation completed its acquisition of all remaining shares of Canfor Pulp Products Inc. it did not already own, bringing ownership to 100% via a court-approved plan of arrangement in British Columbia. Former Canfor Pulp shareholders received either Canfor shares (0.0425 per Canfor Pulp share) or cash ($0.50 per share), and the deal will result in Canfor Pulp delisting from the Toronto Stock Exchange.