West Fraser stops logging on section of B.C.'s rugged north coast

Article Abstract:

Vancouver, BC-based West Fraser Timber Company Ltd. will halt logging operations in the north coast region of British Columbia. West Fraser will sell its license for the area to Campbell River, BC-based Olsen Management Group.

West Fraser Timber Company Ltd., Olsen Management Group

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Domtar agrees on price for mills

Article Abstract:

Domtar Inc. has reached a deal to acquire four paper mills in the United States from Georgia-Pacific Corp. The deal is valued at approximately 2.5 billion Canadian dollars.

United States, Foreign operations, Facilities & equipment, PAPER AND ALLIED PRODUCTS, Paper industry, Domtar Inc., Georgia-Pacific Corp., DTC, GP, Paper mills

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Fletcher investors plan to reject deal

Article Abstract:

Vancouver, Canada-based Fletcher Challenge Canada Ltd's minority shareholders will block efforts to acquire Fletcher Challenge Paper, the paper division of its parent New Zealand-based Fletcher Challenge Ltd. Toronto, Canada-based Trimark Investment Management Inc, ING Investment Management, Guardian Capital Group Ltd, IG Investment Management and three other big institutions will vote against the agreement worth around C$3.6 billion.

Fletcher Challenge Canada Ltd., Fletcher Challenge Paper

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