The bureau says it has entered into a consent agreement with Domtar to address competition concerns stemming from the acquisition, which values the company at
The bureau says it concluded that the proposed transaction would likely significantly lessen competition for certain products.
To resolve the bureau's concerns, Domtar has agreed to sell its Dryden pulp mill and
According to a news release by the three companies, Domtar will acquire the outstanding common shares of Resolute stock for
The companies say the transaction is on track to close in the first half of 2023.
— With files from
This report by The Canadian Press was first published
Companies in this story: (TSX:RFP)
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