BillerudKorsnäs to acquire Verso for $825M to expand in North America

BillerudKorsnäs agreed to acquire Verso Corporation, a North American coated paper producer, for about USD 825 million in cash. The deal is expected to close in the second quarter of 2022, subject to shareholder and regulatory approvals.

“BillerudKorsnäs has entered into a merger agreement with Verso Corporation (Verso) under which BillerudKorsnäs has agreed to acquire Verso.”billerud.com

• 3 sources
• billerud.comBillerudKorsnäs to acquire Verso to ignite growth in North America - BillerudDec 20, 2021
• naylornetwork.comTAPPI: Over The WireDec 23, 2021
• recyclingtoday.comVerso to be acquired by BillerudKorsnäs AB - Recycling TodayDec 30, 2021

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