Paper Excellence Group Announces Agreement to Acquire Resolute Forest Products Inc.

The Paper Excellence Group, through its wholly owned subsidiary Domtar Corporation (Domtar) today (7-6-22) announced it had entered into an agreement with Resolute Forest Products Inc., (Resolute) under which Domtar will acquire all of the outstanding common shares of Resolute Stock.

Resolute will become a wholly owned subsidiary of Domtar, under the auspices of the Group, and continue to operate on a business-as-usual basis under the Resolute name. The Resolute management team will remain in place at the company’s headquarters. Furthermore, the Group plans to retain Resolute’s production locations and levels of jobs.


FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.