Home News Industry News Tembec's largest shareholder opposes takeover by Rayonier Advanced Materials

Tembec's largest shareholder opposes takeover by Rayonier Advanced Materials

MONTREAL — Tembec's largest shareholder says it will vote against the sale of the forestry company to Rayonier Advanced Materials unless the offer price is raised.

In an open letter to shareholders sent Friday, Oaktree Capital Management says Tembec's shareholders are not receiving a fair value.

Read more...

Source: The Chronicle Herald

 
paptac-portal
subscription-enewsletter
access-enewsletters

PaperWeek Banner

buckman banner
Cristini Banner

PaperWeek Banner

kemira banner
BIOFOR International
fpinnovations banner
kadant banner
tecumeth banner
Paper Advance Banner