Senvest Management and Blue Torch Capital to back GreenFirst Forest Products’ US $214M acquisition of Rayonier Advanced Materials’ lumber and newsprint facilities in Ontario and QuébecContinue Reading
GreenFirst Forest Products to acquire lumber and newsprint businesses of former Tembec from Rayonier Advanced Materials for US $214M (85/15 in cash/GreenFirst stock). Senvest to backstop GreenFirst’s US $75M rights offering.Continue Reading
InstarAGF Asset Management acquired PRT Growing Services Ltd. from TriWest Capital Partners. PRT’s management team led by CEO Rob Miller will continue to lead the business.Continue Reading
Brookfield Asset Management disclosed another $701M worth West Fraser shares on TSX open market. Brookfield continues to own 9,913,974 shares or 4,757,089 shares upon settlement of swap for sale of 5,156,885 shares.Continue Reading
Brookfield Asset Management disclosed additional $207.4M worth West Fraser shares, following $229.5M sales in February, all on TSX open market. Brookfield continues to own 18,371,252 West Fraser shares (15.2%).Continue Reading
Drax Group plc (LSE: DRX) to acquire Pinnacle Renewable Energy (TSX: PL) from Onex’s ONCAP II funds, Prospect Co., Ltd., other shareholders for $385M with an enterprise value of $831M Continue Reading
West Fraser Timber closed acquisition of Norbord from Brookfield Asset Management and other shareholders. Brookfield becomes largest shareholder of West Fraser ahead of founding Ketcham family and affiliatesContinue Reading
Fonds de solidarité FTQ and Fonds régionaux de solidarité FTQ Québec (FRS) invested $7 million in Duchesne family owned PrevercoContinue Reading
BDC Capital Growth and Transition Capital provided $1.5M non-dilutive financing to Klassen Wood Co. Kyle Duignan, Director of Growth & Transition Capital, led the transaction
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Canfor agreed to $16 per share privatization proposal by Jim Pattison’ Great Pacific Capital Corp. with a total equity value of $2 billionContinue Reading
Brookfield Asset Management sold 100% interest in Acadian Timber (TSX: ADN) to Macer Forest Holdings for $128 million in cash. Continue Reading
Jim Pattison’s Great Pacific Capital proposed to take Canfor private, paying $16/share or $984M in cash to buy out minority shareholdersContinue Reading
Paper Excellence Canada Holdings to acquire Catalyst Paper from Oaktree Capital Management, Mudrick Capital Management, Cyrus Capital Partners and other shareholdersContinue Reading
TriWest Capital Partners, in partnership with senior management team, acquired PRT Growing Services Ltd. from Mill Road Capital.Continue Reading
CatchMark led consortium including BTG Pactual, Highland Capital Management, Medley, British Columbia Investment Management Corporation (BCI) closed US 1.39B acquisition of East Texas timberlands Continue Reading
Atlas Holdings owned Millar Western Forest Products acquired Spruceland Millworks for undisclosed amount.Continue Reading
Rayonier Advanced Materials closed $1.34B acquisition of Tembec including debt assumptionContinue Reading
