Weyerhaeuser Paper agreed to merge with Domtar in a $3.3billion transaction. Weyerhaeuser shareholders will enjoy a 55% stake in the new company and Weyerhaeuser will also receive $1.35billion cash payment as part of the deal. Weyerhaeuser will transfer all 10 pulp and paper mills. Domtar’s Raymond Royer will act as CEO.
Paper.com has both Weyerhaeuser and Domtar grades readily available. Please visit www.paper.com
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