Rumored takeover interest by Paper Excellence: 'Domtar responds to press speculation'

FORT MILL, SC, May 4, 2021-

Domtar (“Domtar” or the “Corporation”) (NYSE: UFS) (TSX: UFS), has been made aware of press speculation regarding discussions between the Corporation and Paper Excellence with respect to a possible business combination or acquisition.

In response to that speculation, Domtar acknowledges that its management has been in discussions with Paper Excellence about such a potential transaction. However, these discussions may or may not result in an agreement.

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