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

  • July 19, 2022

POTENTIAL DEAL DETAILS

Stock West Fraser Timber Co. Ltd. Symbol WFG
Date Announced 07/19/2022 Source Reuters
Type News Report

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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