West Fraser acquires Norbord for USD 4 billion
Posted on January 6, 2021 |
- Following the acquisition, West Fraser gains 19 manufacturing facilities, and 2,200 employees.
- After the transaction, West Fraser would get listed on the New York Stock Exchange with USD 9 billion market capitalisation.
- Norbord shareholders will receive 0.675 of a West Fraser share for each Norbord share they own.