Resolute Forest Products announced that it has received all regulatory approvals for its planned sale to Domtar and expects the deal will close in early March.
Resolute Forest (RFP) disclosed that the HSR waiting period for its sale to Domtar expired Thursday and now all conditions to closing have been met, according to an 8-K filing on Friday.
Paper Excellence Group's Domtar subsidiary agreed to acquire Resolute Forest (RFP) for $20.50/share, in a deal with an enterprise value of ~$2.7B, in July.
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