Domtar (UFS) to Sell Personal Care Business for $920 Million

Domtar Corporation recently entered into an agreement to divest its Personal Care business to American Industrial Partners (“AIP”) for $920 million. The divesture supports Domtar’s primary focus on building an industry-leading Paper, Pulp and Packaging business to maximize shareholder value. This move will also aid the company to strengthen its financial position, enhance liquidity and share repurchases.

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