According to Reuters, West Fraser Timber (WFG) approached by Private equity firm CVC Capital and Kronospan

POTENTIAL DEAL DETAILS

Private equity firm CVC Capital and wood panel manufacturer Kronospan have submitted a joint expression of interest to acquire Canadian lumber company West Fraser Timber Co (WFG), people familiar with the matter said.

Update(s):

July 19, 2022: West Fraser Timber Co (WFG) has previously met with Kronospan, an existing shareholder, and CVC Capital Partners, the Company has not received a proposal and there are no ongoing discussions regarding the terms of any transaction.

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