© 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
Litigation Lawyer of the Year 2016 – Ireland
Legal
20/05/2016Litigation Lawyer of the Year 2016 – Ireland

Based in West Limerick in Ireland, PG McMahon Solicitors are a long established firm with a wide private client and business base.

Read Full PostRead - Eye Icon
The Ever-Shifting Relationship Between Tech & Business Practices
Innovation
27/05/2021The Ever-Shifting Relationship Between Tech & Business Practices

Business and technology go hand in hand nowadays. From large international enterprises to small local businesses, technology has infiltrated just about every aspect of the business world. As consumers become more reliant on their devices to carry out their day

Read Full PostRead - Eye Icon
6 Ways to Reduce Accounting Errors In SMBs
Finance
03/02/20226 Ways to Reduce Accounting Errors In SMBs

For any business in general, accounting is a crucial part of operations. But for small- and medium-size businesses (SMBs) in particular, it’s an aspect that should be handled with utmost care. Given the size of the organization, even the slightest mistake co

Read Full PostRead - Eye Icon
Taking The Right Approach To Due Diligence When Acquiring A Business: Key Steps To Success
Legal
19/02/2020Taking The Right Approach To Due Diligence When Acquiring A Business: Key Steps To Success

Whilst not the most glamorous part of the process, due diligence is a key element of any acquisition. When expanded beyond a simple tick box exercise, due diligence can go a long way in determining the success of an acquisition. How can buyers successfully app

Read Full PostRead - Eye Icon
How To Become a Top-Ranked Analyst: Insights from Geoff Robinson
Finance
28/11/2024How To Become a Top-Ranked Analyst: Insights from Geoff Robinson

In the fast-paced world of investment banking, rising to the top requires more than just financial acumen.

Read Full PostRead - Eye Icon
Merger Between Greenbrier Europe and Astra Rail
Finance
14/10/2016Merger Between Greenbrier Europe and Astra Rail

The Greenbrier Companies, Inc. and Astra Rail Management GmbH today announced plans to form a new company, Greenbrier-Astra Rail, that will create an end-to-end, Europe-based freight railcar manufacturing, engineering and repair business.

Read Full PostRead - Eye Icon
Air Liquide’s Acquisition of Airgas on Track
Strategy
26/01/2016Air Liquide’s Acquisition of Airgas on Track

Air Liquide, world leader in gases, technologies and services for Industry and Health, and Airgas the leading supplier of packaged gases and associated products and services in the United States, announce the date of the special meeting of Airgas’ shareholde

Read Full PostRead - Eye Icon
How Multilingual Support Enhances Business Continuity and Crisis Management
News
20/05/2024How Multilingual Support Enhances Business Continuity and Crisis Management

Even in everyday circumstances, effective communication is a base level requirement for businesses operating worldwide. So when crises occur, it’s doubly important to maintain this minimum standard. This is where multilingual enters the picture, forming

Read Full PostRead - Eye Icon
The Economic Benefits Of Investing In Portable Office Solutions
Innovation
23/04/2024The Economic Benefits Of Investing In Portable Office Solutions

Being able to work anywhere is an arrangement that many organizations have been incorporating in their operations in the past few years.



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