# Domtar to acquire Resolute Forest Products; Canadian competition consent agreement filed

The Canadian Commissioner of Competition filed a consent agreement for the Paper Excellence Group's subsidiary Domtar to acquire all outstanding shares of Resolute Forest Products at $20.50 per share plus a contingent value right tied to duty deposit refunds of up to $500 million. Closing is expected in the first half of 2023.

- Type: Acquisition
- Announced: 2022-12-28
- Status: announced
- Products: pulp, specialty papers, printing and writing papers, packaging papers

## 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

- [newswire.ca](https://www.newswire.ca/fr/news-releases/resolute-paper-excellence-merger-receives-canadian-competition-bureau-approval-835866960.html), 2022-12-28: "Once the combination has been finalized, Domtar will acquire all of the outstanding common shares of Resolute stock for $20.50 per share and one contingent value right tied to potential duty deposit refunds of up to $500 million."

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