Domtar Agrees to Sell Its Dryden Pulp and Thunder Bay Pulp & Paper Mill to Address Competition Concerns With Its Acquisition of Resolute Forest Products
Canada’s Competition Bureau has entered into a consent agreement with Domtar Corporation to address the competition concerns with its acquisition of Resolute Forest Products Inc.
To resolve the Bureau’s concerns, Domtar Corporation has agreed, post-transaction, to sell its Dryden pulp mill and Thunder Bay pulp and paper mill to two independent purchasers approved by the Commissioner of Competition.
The commissioner is satisfied that the sale of the Dryden pulp mill and Thunder Bay pulp and paper mill will resolve the competitive issues arising from the proposed transaction.
The complete consent agreement can be accessed here.
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