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Kruger ponders fate of Newfoundland mill
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Kruger says it will “reassess the viability” of its Corner Brook newsprint mill in Newfoundland, after its proposed relief measures for pension plan funding were rejected by unionized employees.
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Catalyst Paper postpones creditor vote again
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Saying it needs more time to discuss potential changes with creditors, Catalyst Paper announced that the meetings of its secured and unsecured creditors to consider the plan of arrangement have been rescheduled to May 23. The meetings were...
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Resolute's ownership of Fibrek grows to 71%
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Resolute Forest Products has acquired an additional 9.9 million shares of Fibrek Inc., giving the company approximately 70.9% of the outstanding Fibrek shares as of May 14. Resolute’s purchase offer remains open until May 17.
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