Inactive Instrument

Ainsworth Lumber Co. Ltd.

Equities

December 08, 2014 at 08:10 am EST

(Reuters) - Canadian wood panel maker Norbord Inc will buy Ainsworth Lumber Co Ltd in an all-stock deal valued at C$762.6 million ($666.6 million).

Ainsworth shareholders will receive 0.1321 of a Norbord share for each Ainsworth share held, the companies said on Monday.

The deal value of C$3.16 per share represents a 6 percent premium to Ainsworth's closing share price on Friday.

(Reporting by Ashutosh Pandey in Bengaluru)

Stocks treated in this article : Ainsworth Lumber Co. Ltd., Norbord Inc

Ainsworth Lumber : Wood panel maker Norbord to buy Ainsworth Lumber	14-12-08	RE
Ainsworth Lumber : Wood panel maker Norbord to buy Ainsworth Lumber	14-12-08	RE
Ainsworth Lumber Co. Ltd. : Ainsworth deal lifts stocks of rival wood product firms	13-09-05	RE
Ainsworth Lumber Co. Ltd. : Louisiana-Pacific to buy Ainsworth Lumber for $1 billion, shares jump	13-09-05	RE

Duration

Period

Sector

	1st Jan change	Capi.
GROUP OF COMPANIES SEGEZHA	-.--%	1.36B
CANFOR CORPORATION	-16.30%	1.3B
GREENLAM INDUSTRIES LIMITED	+10.17%	926M
ZHONGFU STRAITS (PINGTAN) DEVELOPMENT COMPANY LIMITED	-21.34%	531M
GUANGXI FENGLIN WOOD INDUSTRY GROUP CO.,LTD	-20.70%	350M
FUJIAN JINSEN FORESTRY CO.,LTD	-33.74%	266M
TAIGA BUILDING PRODUCTS LTD.	+17.54%	263M
JAYA TIASA HOLDINGS	+37.36%	254M
ACADIAN TIMBER CORP.	+3.03%	220M