British Columbia forestry giant West Fraser Timber Co. Ltd. is riding the consolidation wave sweeping the industry, paying $1.26-billion in cash for Weldwood of Canada Ltd. The move will make West ...
Investors in West Fraser Timber Co. Ltd. applauded the forestry giant's $1.26-billion deal to acquire International Paper Co.'s Weldwood of Canada Ltd. unit, sending shares up 9.3 per cent yesterday.
SAN FRANCISCO (CBS.MW) -- International Paper said late Wednesday that it will sell its Weldwood of Canada unit for $950 million to Canada's West Fraser Timber . IP said it will take a one-time loss ...
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