# Paper Excellence to acquire Resolute Forest Products via Domtar

Paper Excellence Group, through Domtar, agreed to acquire all outstanding shares of Resolute Forest Products for $20.50 per share plus a contingent value right tied to potential duty deposit refunds of up to $500 million. Resolute will remain a subsidiary operating under its own name.

- Type: Acquisition
- Announced: 2022-07-06
- Where: Montreal, Canada
- Status: announced
- Products: pulp, paper, lumber, tissue

## Companies

- [Resolute Forest Products](https://endata.com/companies/3830.md) (target)
- [Domtar](https://endata.com/companies/7161.md) (acquirer)
- [Paper Excellence](https://endata.com/companies/8636.md) (acquirer)

## Sources

- [domtar.com](https://www.domtar.com/press_releases/paper-excellence-group-enters-into-definitive-agreement-to-acquire-resolute/), 2022-07-06: "the Group plans to retain Resolute's production locations and levels of jobs."
- [newswire.ca](https://www.newswire.ca/fr/news-releases/paper-excellence-group-enters-into-definitive-agreement-to-acquire-resolute-for-20-50-per-share-and-one-contingent-value-right-tied-to-potential-duty-deposit-refunds-of-up-to-500-million-865613180.html), 2022-07-06: "Domtar Corporation, will acquire all of the outstanding common shares of Resolute stock."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.