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West Fraser Timber, Mercer Agree To Dissolve Their 50/50 JV In Cariboo Pulp And Paper; No Termination Or Other Amounts Are Payable By Either Company

West Fraser Timber, Mercer Agree To Dissolve Their 50/50 JV In Cariboo Pulp And Paper; No Termination Or Other Amounts Are Payable By Either Company

West Fraser Timber、Mercer同意解散其在Cariboo紙漿和紙業中的50/50合資企業;任何一家公司均不支付解僱費或其他款項
Benzinga ·  04/03 05:02

West Fraser will continue as the sole owner/operator of the mill, doing business as Cariboo Pulp and Paper Company. No termination or other amounts are payable by either company in connection with the termination of the joint venture. Mercer will retain certain finished product inventory in connection with the transaction. Mercer expects to recognize a non-cash impairment in the first quarter in connection with the dissolution of the joint venture, based on the net carrying value of such interest.

West Fraser將繼續作爲該工廠的唯一所有者/運營商,以Cariboo紙漿和造紙公司的名義開展業務。任何一家公司均不支付與終止合資企業有關的解僱費或其他款項。美世將保留與交易相關的某些成品庫存。美世預計,根據該權益的淨賬面價值,將在第一季度確認與合資企業解散相關的非現金減值。

譯文內容由第三人軟體翻譯。


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