Weyerhaeuser and Domtar agree to combine fine paper,related assets

摘要

Weyerhaeuser and Domtar have announced a definitive agreement to combine Weyerhaeuser's fine paper business and related assets with Domtar.The transaction gives Weyerhaeuser shareholders 55% ownership in the new company and includes a 1.35-billion cash payment to Weyerhaeuser.The payment,plus the stock valued at the closing price of Domtar stock on August 22,results in a transaction value of 3.3 billion before resulting synergies.