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January 28, 2021

West Fraser acquisition of Norbord gets final court approval

  West Fraser’s US$3.1bn takeover of Norbord has obtained final approval from the Ontario Superior Court of Justice (Commercial List).   Receipt of the final order follows receipt of the key regulatory approvals in respect of the transaction and Norbord’s special meeting of shareholders held on January 19, where the transaction was overwhelmingly approved by 99.33% of the votes cast by Norbord shareholders.  West Fraser’s special meeting of shareholders also took place on January 19, where the issuance of West Fraser Shares in connection with the transaction was approved ...

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