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West Fraser completes Weldwood buyout in 1.26B merger
West Fraser Timber completes a 1.26 billion buyout of Weldwood of Canada from International Paper. Amalgamation with West Fraser Mills Ltd. takes effect January 1, creating the third largest North American lumber producer with about four billion board feet. The move includes divestitures in Burns Lake and Cariboo to satisfy the Competition Bureau.
MENTIONED IN THIS ARTICLE
Prince George
Cariboo
Weldwood
Canada
Competition Bureau
West Fraser
North America
North
Central
B.C
100 Mile House
Williams Lake
Quesnel
Fraser
West Fraser Mills Ltd
Chetwynd
Dawson Creek