Client Work Detail
matter
Domtar Enters Agreement to Sell its Forest Products Business for Approximately $285M
CLIENT
Domtar Corporation
DATE
June 22, 2007
EXPERTISE
Competition / Antitrust, Intellectual Property, Employment and Labour, Mergers and Acquisitions, Tax, Real Estate, Pension and Benefit Plans, Corporate and Commercial, Banking and Financial Products
LAWYER(S)
Jason McKenzie, Mario Caron, Jean Piette, John Mastoras, Dany Assaf, David Millette, Stephen Kelly, Richard King, Philippe de Grandmont, Jules Charette, Nellie Taylor, Leanne Souquet, Martin Rochette, Alain Ricard, Frank Picciola, Louis-Philippe Patry, Julie Paquette, Julie Paquet, Miguel Manzano, Karina Kessaris, Hélène Gélinas, Carole Gélinas, Anne Gallop
Domtar Corporation announced that it has entered into an agreement for the sale of its forest products business to the newly created Conifex Inc. for approximately $285 million including an estimated $50 million of working capital. The transaction is subject to government approvals for the transfer of forest licences, regulatory approvals and customary closing conditions. Closing is expected before the end of the year.
Ogilvy Renault LLP is representing Domtar as external counsel with a team composed of: Frank Picciola, Stephen Kelly, David Millette, Julie Elmlinger and Karina Kessaris (Corporate M&A); Miguel Manzano, Mario Caron, Julie Paquette, Philippe de Grandmont, Louis Philippe Patry, Carole Gelinas, Hélene Gelinas, Lison Beaudoin and Nellie Taylor (Real Estate); Jules Charette (Tax); Martin Rochette and Julie Paquet (Pension and Benefits); Anne Gallop and John Mastoras (Employment and Labour); Leanne Souquet (Intellectual Property); Jean Piette and Richard King (Environment); Dany Assaf and Jason McKenzie (Antitrust and Competition); and Alain Ricard (Banking).
For more details, consult Domtar's press release.
