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New Deal


Announced

Atlas to acquire Thunder Bay pulp and paper mill from Resolute Forest.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

Pending

Single Bidder

paper mill

Private

Friendly

Paper

Cross Border

Acquisition

Majority

Private Equity

Synopsis

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Atlas, a private investment & equity firm, agreed to acquire Thunder Bay pulp and paper mill from Resolute Forest, a pulp and paper company. Financial terms were not disclosed. "The mill is an exceptional asset. I am confident that the dedicated and talented team in Thunder Bay will have a prosperous future, and I sincerely wish them all the best," Remi G. Lalonde, Resolute President and CEO.

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