Paper Excellence Group signs deal to buy Resolute Forest Products

International

MONTREAL — The Paper Excellence Group has signed a deal to buy Resolute Forest Products Inc. in an agreement that values the company at US$2.7 billion.Patrick Loulou, chief strategy officer of the Paper Excellence Group, said Resolute is an ideal fit for the company’s long-term growth strategy.”It complements our existing pulp, paper and packaging businesses…

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