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Article: Domtar to Create Largest Fine Paper Company in North America Through Combination With Weyerhaeuser's Fine Paper Business.
- Article from:
- PR Newswire Europe
- Article date:
- August 23, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MONTREAL, Quebec, August 23 /PRNewswire/ --
- Enterprise Value of New Company to Exceed US$6 billion - The "New Domtar" to be Led by Domtar's Current President and CEO, Raymond Royer - Head Office in Montreal, Quebec; Headquarters of Operations in Fort Mill, South Carolina
Domtar Inc. (TSX/NYSE: DTC) today announced the creation of the largest manufacturer and marketer of uncoated freesheet paper in North America and the second largest in the world. Domtar has signed a definitive agreement to combine with Weyerhaeuser's (NYSE: WY) fine paper business and related assets. The new company, to be called Domtar, will have its Head Office in Montreal, ...