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Companies in the timber industry / Daily News / Wood-based panels / Global / North America
March 14, 2015

Norbord and Ainsworth OSB mega-merger to be completed this month

Norbord Inc. and Ainsworth Lumber Co. Ltd. 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 ...

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