Consumables

Resolute Forest Products to Commence Take-Over Bid to Acquire Fibrek Inc.

Tuesday 29. November 2011 - Transaction Highlights : Offer will be C$1.00 per share of Fibrek: C$0.55 in cash and 0.0284 of a Resolute Forest Products common share; Shareholders holding approximately 46% of Fibrek have committed to tender their shares; The offer represents a 39% premium to today's Fibrek closing price; Acquisition will increase the Company's capacity in growing pulp markets and provides opportunities for operational optimization