The closing of the agreement is estimated to occur at earliest on August 1st, 2024.
Jointventure
British energy leader partners with Japanese firms to innovate sustainable maritime solutions
British Columbia and the ‘Namgis First Nation have initiated formal talks for a joint decision-making agreement to enhance forest management and ensure the longevity of forestry jobs in the region.
West Fraser will continue as the sole owner/operator of the mill, doing business as Cariboo Pulp and Paper Company.
Mondi shareholders would own 54% and DS Smith shareholders would own 46% of the issued and to be issued share capital of Mondi.
This strategic merger creates one of the industry’s leading cooperatives, aimed at delivering unparalleled support to our member-owners.