Rayonier raises bid for Tembec, wins support

MONTREAL — Rayonier Advanced Materials has raised its takeover offer for Tembec after two of the Canadian forest products company’s shareholders had threatened to vote against the deal. Oaktree Capital Management and Restructuring Capital Associates, who...

Top Tembec shareholders oppose Rayonier offer

MONTREAL, QC – Two of the largest shareholders of Tembec Inc. have said they will not support the proposed acquisition by Rayonier Advanced Materials Inc. unless the company improves its offer. Oaktree Capital Management LP, which owns 19.9 per cent of the Canadian...

B.C. association congratulates new ministers

Coast Forest Products Association congratulated British Columbia’s 36th premier, John Horgan and his newly sworn in cabinet. “We look forward to collaborating and working together with the new provincial government,” the association said in a blog post. The...

FPInnovations receives research award

QUÉBEC – FPInnovations has received the Omond Solandt Award, which is presented annually to a public or private organization that has made an outstanding contribution to operational research in Canada. The Omond Solandt 2017 Award from the Canadian Operational...