Brief: Interfor To Acquire Chaleur Forest Products In New Brunswick, Canada

Interfor

03/10/2022 12:40

Oct 3 (Reuters) - Interfor Corp  IFP.TO :
    * INTERFOR TO ACQUIRE CHALEUR FOREST PRODUCTS IN NEW
BRUNSWICK,
CANADA
    * INTERFOR CORP - PURCHASE PRICE IS C$325 MILLION, ON A CASH
AND
DEBT FREE BASIS,
    * INTERFOR CORP - ACQUISITION WILL BE IMMEDIATELY ACCRETIVE
TO
INTERFOR'S EARNINGS
    * INTERFOR CORP - INTERFOR INTENDS TO FINANCE ACQUISITION
WITH A
COMBINATION OF CASH ON HAND AND ITS EXISTING CREDIT FACILITIES
    * INTERFOR CORP - CHALEUR'S OPERATIONS WERE NOT DAMAGED OR
IMPACTED BY HURRICANE FIONA IN ANY WAY.

Source text for Eikon:  ID:nGNX3LwkKs 
Further company coverage:  IFP.TO 
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