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“The addition of Resolute allows us to keep performing our a lot of time-identity business strategy to drive growth for the advantageous asset of all of the stakeholders,” told you John D. Williams, president and chief executive officer of Domtar. The money part of the merger said stands for a paid away from just as much as 64% so you can Resolute’s closure express speed to the NYSE on the July 5, 2022. The money said means a business property value as much as $2.7 billion, along with retirement obligations and leaving out the new Contingent Well worth Best (CVR) to the softwood wood obligations put refunds.

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