Rayonier Advanced Materials has increased its takeover offer for Tembec. The two specialty pulp companies announced that Rayonier is now offering Tembec shareholders CAD4.75 or 0.2542 shares in Rayonier for each Tembec share. This represented an increase of 17% over the previous offer, the companies said. The original ...
Rayonier increases takeover offer for Tembec
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