Canfor Corporation shareholders have agreed to sell all remaining shares of the company to Great Pacific Capital at a price of $16 per common share ore $981.6 million. Great Pacific is owned by Jim Pattison who had already held 51% of Canfor prior to the final sale.
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.
Canfor agrees to go private in $981 million deal