norbord merger

Canadian News

West Fraser's $4B acquisition of Norbord is a done deal

VANCOUVER – Norbord Inc. has been delisted from the New York Stock Exchange, signaling the completion of its acquisition from West Fraser. The two wood industry giants issued a joint press release on Feb. 1 announcing that “West Fraser has acquired all of the issued and outstanding shares of Norbord.” The all-stock deal was valued at C$4 billion (US $3.1 billion).