Wood & Panel

norbord

West Fraser completes acquisition of Norbord

 February 4, 2021

West Fraser Timber Co. Ltd. and Norbord Inc. have jointly announced that they have completed the previously announced transaction whereby West Fraser has acquired all of the issued and outstanding common shares of Norbord. Under the terms of the Transaction, …

West Fraser to acquire Norbord

 November 23, 2020

West Fraser Timber Co. Ltd. (“West Fraser”) and Norbord Inc. (“Norbord”)has recently announced that they have entered into a strategic business combination pursuant to which West Fraser, a leading North American diversified wood products company will acquire all of the …

Norbord Reports Record Results in Third Quarter 2020

 November 6, 2020

Norbord Inc. today reported Adjusted EBITDA of $322 million for the third quarter of 2020 compared to $84 million in the second quarter of 2020 and $33 million in the third quarter of 2019. The increases versus all comparative periods …

Norbord enters into Automatic Share Purchase Plan

 September 23, 2020

Norbord Inc. has recently reported that it has entered into an automatic share purchase plan (ASPP) with a broker in order to facilitate repurchases of Norbord’s common shares under its previously announced normal course issuer bid (NCIB). The Company previously …

Norbord Q1 2020 Earnings Release and Conference Call in May

 April 13, 2020

Norbord Inc. will release Q1 2020 results on Wednesday, May 6, 2020 at approximately 6:00 a.m. (Eastern Time). The quarterly conference call is scheduled for Wednesday, May 6, 2020 at 2:00 p.m. (EasternTime).   At that time, senior executives will …

Norbord announces COVID -19 responsible plans

 March 27, 2020

Norbord Inc. one of the leading manufacturer of wood-based panels recently announced their decisions to fight novel coronavirus outbreak. They have mentioned the new responsible plans on reduced Operating Schedules and Capital Expenditures as Part of COVID-19 Response Plan. The …

Norbord fixed price of The Notes offering

 April 6, 2015

Norbord Inc. has announced the price of its offering of US$315 million in a aggregate principal amount of senior secured notes. The Notes will be due 2023 and will bear interest at an annual rate of 6.25 percent. The offer …

Ainsworth is now a wholly-owned subsidiary of Norbord

 April 1, 2015

Now Norbord acquired all of outstanding common shares of Anisworth in an all-share transaction. Similarly, Ainsworth shareholders received 0.1321 of shares of Noprbord for each Anisworth share.   With the completion of the merger, it is expected that the common …

Norbord and Ainsworth Provide Update on Merger and Closing

 March 17, 2015

Norbord Inc. and Ainsworth Lumber Co. ltd today announced that they have been informed by the Antitrust Division of the United States Department of Justice that it has closed its review of the previously announced combination of Norbord and Ainsworth. …

Norbord and Ainsworth to Merge to Create Global OSB Leader

 December 9, 2014

Norbord Inc. and Ainsworth Lumber Co. Ltd. has recently announced that they have signed a definitive agreement under which they will merge to create a leading global wood products company focused on oriented strand board (“OSB”) across North America, Europe …


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