© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - Norbord’s and Ainsworth’s Merger
Posted 28th May 2015

Norbord’s and Ainsworth’s Merger

Norbord's and Ainsworth's Merger

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Norbord’s and Ainsworth’s Merger

Norbord’s and Ainsworth’s Merger

View Biography
Image

Michael Siltala, Represented Norbord

Norbord Inc. (“Norbord”) (TSX: NBD) and Ainsworth Lumber Co. Ltd. (“Ainsworth”) (TSX: ANS) 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 expect the transaction to be completed on March 31, 2015.

On December 8, 2014, Norbord and Ainsworth announced that they had entered into an arrangement agreement under which Norbord and Ainsworth would merge to create a leading global wood products company focused on oriented strand board (OSB) across North America, Europe and Asia.  Under the terms of the transaction, Norbord will acquire all of the outstanding common shares of Ainsworth in an all-share transaction. Ainsworth shareholders will receive 0.1321 of a share of Norbord for each Ainsworth share.

On January 27, 2015, the transaction was overwhelmingly approved by the shareholders of each of Norbord and Ainsworth.  On January 30, 2015, the Supreme Court of British Columbia granted a final order approving the combination of Norbord and Ainsworth by way of a plan of arrangement under the Business Corporations Act (British Columbia).

Categories: M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
SkyStem Software Secures Success
Leadership
25/09/2020SkyStem Software Secures Success

Closing the books and completing reconciliations is not the most glamorous part of accounting, but it’s a vital last line of defense against identifying fraud and errors that might occur. The team at SkyStem have developed a way to automate the month-end clo

Read Full PostRead - Eye Icon
Permits for Working in Hungary
Finance
02/12/2016Permits for Working in Hungary

Hungary is the place where several international companies carry out their long-term activities, primarily English, and the employees are instructed by the employer in the same language.

Read Full PostRead - Eye Icon
Audit Red Flags: 5 Signs You Need an IRS Audit Lawyer
News
22/04/2024Audit Red Flags: 5 Signs You Need an IRS Audit Lawyer

Tax season can be a time of elevated stress. An IRS audit raises that stress exponentially, even if you’re confident in your return filing. While IRS audits sometimes result from random selection, often the process can be more targeted. Knowing certain a

Read Full PostRead - Eye Icon
10 Steps to Take to Start Your Own Trucking Business
News
23/05/202310 Steps to Take to Start Your Own Trucking Business

Starting your own trucking company offers a unique opportunity to carve out a niche in the ever-expanding transportation and logistics industry. As an owner, you can enjoy the freedom of being your own boss while reaping the benefits of meeting rising demands

Read Full PostRead - Eye Icon
Direct-to-Consumer Healthcare Solutions
News
17/01/2024Direct-to-Consumer Healthcare Solutions

Founded in 1995, Precision is a data and technology driven solutions company that provides end-to-end marketing and creative services to pharmaceutical companies. Precision offers clients streamlined solutions that promote, market, and sell their products dire

Read Full PostRead - Eye Icon
Disability-related tribunal cases increase 133% over past five years – making it one of the most prevalent types of workplace discrimination
Legal
26/02/2021Disability-related tribunal cases increase 133% over past five years – making it one of the most prevalent types of workplace discrimination

Disability-related tribunal cases have increased 133% over the past five years, making it the second most prevalent type of workplace discrimination, new research shows.

Read IssueRead - Eye Icon
Issue 9 2024
Issues
05/09/2024Issue 9 2024

As we approach the end of 2024’s third quarter, we take another moment to appreciate what has gone in the months before. Recently, we have crowned a range of tenacious and committed individuals and businesses and, here, we wish to showcase and celebrate thei

Read Full PostRead - Eye Icon
Enhanced Contact Center Integration: The Fuel for Stellar Customer Experience
Corporate Social Responsibility
07/06/2023Enhanced Contact Center Integration: The Fuel for Stellar Customer Experience

In the digital era, contact centers are more than just call hubs. They have transformed into multi-channel, multi-tool powerhouses, serving as the core of a company's customer engagement strategy. The success of such a strategy depends largely on how effective

Read Full PostRead - Eye Icon
Private vs Public Cloud: Pragmatism Over Hype
News
15/10/2025Private vs Public Cloud: Pragmatism Over Hype

There are few debates in modern IT quite as enduring as Private vs Public Cloud. Public promises limitless scale, innovation at speed, and global reach. Private promises control, sovereignty and predictability.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow