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According to Bloomberg, Domtar Corporation (UFS) approached by Paper Excellence

  • May 4, 2021

POTENTIAL DEAL DETAILS

StockDomtar CorporationSymbolUFS
Date Announced05/04/2021Source Bloomberg
TypeNews Report
Date of Confirmation: 05/11/2021Price at Confirmation: $54.41
Potential Profit: 12.65%Annualized Profit: 659.61%

Canadian paper and packaging company Paper Excellence is exploring a deal to acquire U.S. rival Domtar Corp. (UFS), according to people familiar with the matter.

Update(s):

May 04, 2021: In response to that speculation, Domtar (UFS) acknowledges that its management has been in discussions with Paper Excellence about such a potential transaction.

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