Fortress Paper divests security paper products business for $28M
Fortress Paper Ltd. (TSX: FTP; OTCQX:FTPLF) sold security paper products business to Swiss National Bank and Orell Füssli Holding AG for CHF21.5M or CDN $28M
Fortress Paper Ltd. (TSX: FTP; OTCQX:FTPLF) sold security paper products business to Swiss National Bank and Orell Füssli Holding AG for CHF21.5M or CDN $28M
CanWel Building Materials Group Ltd. (TSX: CWX) closed bought deal, led by GMP Securities L.P., of 9,832,500 subscription receipts at $5.85 per subscription receipt for gross proceeds of $57,520,125
Fairfax Financial sold 2,633,350 common shares of Tembec Inc. over the facilities of the Toronto Stock Exchange (TSX) between June 2nd and 9th at an average price of approximately $4.35 per Share.
Rayonier Advanced Materials Inc. (NYSE: RYAM) and Tembec Inc. (TSX: TMB) have entered a definitive agreement under which Rayonier Advanced Materials will acquire Tembec for approximately U S$807 million, including the assumption of U S$487 million of debt net of cash.