Paper Excellence (via Domtar) Acquires Resolute Forest Products in a $2.7B Deal

July 6, 2022

Paper Excellence Group, through its wholly owned subsidiary Domtar Corporation, has entered into an agreement to acquire all outstanding common shares of Resolute Forest Products (RFP) in a deal valued at about $2.7 billion. Resolute will become a wholly owned subsidiary of Domtar and continue operating under the Resolute name, with its management team remaining at the headquarters.

Buyers
Paper Excellence Group, Domtar Corporation
Targets
Resolute Forest Products Inc.
Sellers
Resolute Forest Products Inc. stockholders (all holders of common shares)
Location
Quebec, Canada
Transaction Type
Buyout

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