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Sale of Domtar mills to resolve competition concerns over Resolute Forest deal approved by Canada's Competition Bureau

( August 2, 2023, 14:50 GMT | Official Statement) -- MLex Summary: Canada’s Competition Bureau approved the sale of two mills in Ontario owned by Domtar as part of a deal to resolve competition concerns in the pulp and paper industry. A bureau review concluded that Domtar’s acquisition of Resolute Forest Products would likely lessen competition substantially in the supply of northern bleached softwood kraft pulp in Eastern and Central Canada, and in the purchase of wood fiber from private lands in northwestern Ontario....

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