Resolute Forest stock rockets on buyout deal valued at $2.7 billion by Paper Excellence Group

Summary by Ground News

Shares of Resolute Forest Products Inc. RFP, -14.22% rocketed 65.3% to pace all premarket gainers. The forest products company agreed to be acquired in a deal with an enterprise value of $2.7 billion. Under terms of the deal, each Resolute share outstanding will be converted into a right to receive $20.50 per share.

1 month ago

News Articles

More Filters

All

Left

Center

Right

CTV News

Paper Excellence Group signs deal to buy Resolute Forest Products

The Paper Excellence Group has signed a deal to buy Resolute Forest Products Inc. in an agreement that values the company at US$2.7 billion.

1 month ago·Toronto, Canada

Read Full Article

Financial Post

Canada’s Paper Excellence to buy Resolute Forest Products in $2.7 bln deal

Canada's Paper Excellence, through its U.S. unit Domtar, agreed to buy Resolute Forest Products Inc on Wednesday in a deal valued at about $2.7 billion, sending the U.S.-listed shares of Resolute up by 65% before the bell. Read More

1 month ago·Canada

Read Full Article

MarketWatch

Resolute Forest stock rockets on buyout deal valued at $2.7 billion by Paper Excellence Group

Shares of Resolute Forest Products Inc. undefinedundefined rocketed 65.3% to pace all premarket gainers, and to put them on track for an eight-year high,...

1 month ago·United States

Read Full Article

Montreal Gazette

Paper Excellence Group signs deal to buy Montreal's Resolute Forest Products

The Paper Excellence Group has signed a deal to buy Resolute Forest Products Inc. in an agreement that values the company at US$2.7 billion. Read More

1 month ago·Montreal, Canada

Read Full Article