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Familiar Face Behind Peak Renewables

Familiar Face Behind Peak Renewables Peak Renewables reports it is building a 600,000 tonne per year industrial wood pellet facility in Fort Nelson, British Columbia. Fort Nelson First Nation will reportedly have equity in the plant, which is anticipated to be in...

Canfor’s Vida Group Buys Sweden Mills

Canfor’s Vida Group Buys Sweden Mills Canfor Corp. executives announced in mid June that Canfor’s 70%-owned subsidiary, Vida Group, has entered into an agreement to purchase three sawmills located in Sweden from Bergs Timber for $43 million (Can.), plus...

No-Go On Proposed Purchase Of Canfor

No-Go On Proposed Purchase Of Canfor Canfor Corp. has agreed with Great Pacific Capital Corp., a wholly-owned subsidiary of Great Pacific, to terminate a previously announced arrangement agreement that called for Great Pacific, which already owns 51% of Canfor, to...

Canfor Heads For Private Status

Canfor Corp. announced that based on the recommendation of an independent committee of Canfor’s board of directors (the “Special Committee”), it has entered into an “arrangement agreement” with Great Pacific Capital Corp. and affiliate Great Pacific in which Great...

Canfor Committee Analyzing Great Pacific Offer

Canfor Corp. announced that a Special Committee of its board of directors has retained Greenhill & Co. as financial advisor. Greenhill is preparing a valuation of the common shares of the company. Additionally, the Special Committee has retained Osler, Hoskin...