US antitrust officials tie up review of Ainsworth-Norbord merger
The antitrust division of the United States Department of Justice has completed its review of the previously announced combination of Ainsworth Lumber Co Ltd (TSX: ANS) and Norbord Inc (TSX: NBD). The deal, which is expected to close by the end of March, has been valued at about $763 million. The Vancouver-based Ainsworth and the Toronto-based Norbord, both of which are portfolio companies of Brookfield Asset Management, have said their merger will create a leading global wood products business.
18 March 2015•4 mins read
