Together, the two companies will drive sustainability excellence across the global pulp and paper supply chain through proactive monitoring and assessment of supplier performance and risk.
CDPQ owns a 20.2% interest in Greenpac, a state-of-the-art lightweight containerboard mill, located in Niagara Falls, NY. The expected purchase price is approximately US$93 million.
Verso is seeking to replace the leadership of its board of directors to ward off the election a competing slate of nominees chosen by a group of investors that Verso says is waging a proxy war for control of the company.
