West Fraser Timber Co. Ltd. announced that, further to its news release of July 26, 2017, the United States Federal Trade Commission has granted early termination of the applicable waiting period under the Hart‑Scott‑Rodino Antitrust Improvements Act of 1976 with respect to West Fraser's proposed acquisition of six sawmills and a finger‑joint mill from the Howard Gilman Foundation and other shareholders.
A Chicago federal judge has boxed up a class action antitrust suit against two containerboard companies, which alleged the companies conspired to fix prices, saying plaintiffs may have raised prices and cut production, but defendants failed to show the acts were part of a scheme and not simply reactions to the market.
Rayonier Advanced Materials Inc. and Tembec Inc. announced that the Québec Superior Court issued a final order approving the previously announced statutory arrangement under Section 192 of the Canada Business Corporations Act (the "Transaction") involving the acquisition by Rayonier Advanced Materials of all of the outstanding shares of Tembec.
Chilean pulpmaker Empresas Copec SA's bid to buy rival Eldorado Brasil Celulose SA, which collapsed early on Friday because of price disagreements, faces three competing offers, two people with direct knowledge of the situation said.
FITNIR Analyzers Inc. announced that a pulp mill in the southern United States has selected FITNIR's state-of-the-art online FT-NIR analyzer to replace its Modo-Chemetics auto-titrator for digester control.
Madison Paper Industries, a partnership of UPM and Northern SC Paper Corp., a subsidiary of The New York Times Company, concluded the sale of its hydro power facilities to Eagle Creek Renewable Energy, LLC.
Rayonier Advanced Materials Inc. and Tembec Inc. announced today that they received notification from the United States Department of Justice and the Federal Trade Commission that the Hart-Scott-Rodino premerger notification waiting period was terminated...