Key Developments: Domtar Corp (UFS.TO)

UFS.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Domtar Corp To Sell Ariva business
Monday, 22 Jul 2013 08:27am EDT 

Domtar Corp announced that it has entered into an agreement to sell its Ariva business in the United States to privately-held Central National-Gottesman Inc. The business will be integrated into Lindenmeyr Munroe, a division of Central National-Gottesman, and the transaction is expected to close at the end of July 2013.  Full Article

Domtar Corp Issues Q2 2013 Earnings Guidance-The Canadian Press
Friday, 12 Jul 2013 07:47am EDT 

The Canadian Press reported that Domtar Corp says it expects to post an operating loss of between $30 million and $35 million when it reports its second-quarter 2013 results later this month. Domtar says factors contributing to the loss include a litigation settlement charge of $49 million, closure and restructuring costs of $18 million and a charge of $5 million related to the impairment and writedown of property, plant and equipment.  Full Article

Domtar Corp Completes Acquisition Of Associated Hygienic Products
Monday, 1 Jul 2013 04:00pm EDT 

Domtar Corp announced that completion of the acquisition of Associated Hygienic Products (AHP) from DSG International, pursuant to a definitive agreement announced on May 28, 2013.  Full Article

Domtar Corp Completes The Acquisition Of Xerox Corp's U.S. And Canadian Paper Business
Monday, 3 Jun 2013 10:04am EDT 

Domtar Corp announced the completion of its acquisition of Xerox Corp paper and print media products business in the United States and Canada, pursuant to an agreement entered into on March 21, 2013. The transaction includes a broad range of coated and uncoated papers and specialty print media including business forms, carbonless as well as wide-format paper formerly distributed by Xerox. The addition of a globally-recognized brand to Domtar's existing portfolio of high quality, sustainability-driven paper products will allow the Company to better serve its customers.  Full Article

Domtar Corp Signs Definitive Agreement For Acquisition Of Associated Hygienic Products
Tuesday, 28 May 2013 09:00am EDT 

Domtar Corp announced the signing of a definitive agreement for the acquisition of privately-held Associated Hygienic Products (AHP), the lmanufacturer and supplier of store brand infant diapers in the United States, from DSG International for $272 million. The closing of the transaction is expected by the end of the second quarter of 2013, subject to customary closing conditions.  Full Article

Domtar Corp Announces An Increase To Its Regular Quarterly Dividend
Wednesday, 1 May 2013 09:00am EDT 

Domtar Corp announced that Board of Directors approved a 22% increase in its quarterly dividend (from $0.45 per share to $0.55 per share) on its common stock as well as on the exchangeable shares of Domtar (Canada) Paper Inc. The Board of Directors declared the dividend payable on July 15, 2013 to stockholders of record as of the close of business on June 14, 2013.  Full Article

Domtar Corp's Operating Subsidiaries to Acquire Xerox Corp's U.S. and Canadian Paper Business
Friday, 22 Mar 2013 02:00pm EDT 

Domtar Corp announced that it has signed, through its operating subsidiaries, an agreement to acquire Xerox Corp's paper and print media products business in the United States and Canada. While Xerox does not manufacture paper, the company has long distributed through its brand name a broad range of coated and uncoated papers and specialty print media including business forms as well as carbonless and wide-format paper. This business will now become part of Domtar`s pulp and paper segment, and Domtar will market and distribute Xerox-branded paper and print media. Xerox will continue to manufacture, sell and support its broad range of consumables, such as toner and ink, and Xerox Replacement Cartridges. The transaction is expected to close in the second quarter of 2013.  Full Article

Domtar Corp Declares Regular Quarterly Dividend
Wednesday, 20 Feb 2013 04:36pm EST 

Domtar Corp announced that its Board of Directors has approved its fourth quarterly dividend for the 2012 fiscal year on its common stock and on Domtar (Canada) Paper Inc. exchangeable shares. The dividend of USD0.45 per share is payable on April 15, 2013 to stockholders of record on March 15, 2013.  Full Article

Domtar Corp Declares Regular Quarterly Dividend
Wednesday, 31 Oct 2012 02:31pm EDT 

Domtar Corp announced that its Board of Directors has approved its third quarterly dividend for the 2012 fiscal year on its common stock and on Domtar (Canada) Paper Inc. exchangeable shares. The dividend of $0.45 per share is payable on January 15, 2013 to stockholders of record on December 14, 2012.  Full Article

Domtar Corp Prices Senior Notes Offering
Monday, 20 Aug 2012 03:59pm EDT 

Domtar Corp announced that it has priced an offering of 6.25% senior notes due 2042, in an aggregate principal amount of $250 million. The Company intends to use the net proceeds from the offering for general corporate purposes, including, without limitation, capital expenditures and strategic acquisitions. J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC are acting as the joint book-running managers of the offering.  Full Article

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