Current Report Filing (8-k)
June 01 2022 - 1:01PM
Edgar (US Regulatory)
Domtar CORP DE false 0001381531 0001381531 2022-06-01 2022-06-01
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
June 1, 2022
(Date of Report/Date of earliest event reported)
DOMTAR CORPORATION
(Exact name of registrant as specified in its charter)
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| DELAWARE |
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001-33164 |
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20-5901152 |
(State or other jurisdiction
of incorporation) |
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(Commission
File Number) |
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(IRS Employer
Identification No.) |
234 Kingsley Park Drive
Fort Mill, South Carolina, 29715
(Address and zip code of principal executive offices)
(803) 802-7500
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act: None
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
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Emerging growth company |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| ITEM 2.01 |
Completion of Acquisition or Disposition of Assets. |
On June 1, 2022 Domtar Inc., a wholly-owned subsidiary of Domtar Corporation (the “Company”) completed the previously announced sale of the Company’s Kamloops, BC mill and related assets to Kruger Kamloops Pulp L.P. and Kruger Specialty Papers Holdings L.P (the “Purchaser”) for a purchase price of $300 million in cash, subject to customary adjustments (the “Transaction”). The description of the Transaction does not purport to be complete and is qualified in its entirety by reference to the Share Purchase Agreement by and among Domtar Inc. and the Purchaser, dated as of May 11, 2022. The Share Purchase Agreement was filed as Exhibit 2.1 to the Company’s Current Report on Form 8-K filed on May 16, 2022, the contents of which are incorporated herein by reference.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| DOMTAR CORPORATION |
| (Registrant) |
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| By: |
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/s/ Nancy Klembus |
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Name: Nancy Klembus |
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Title: Senior Vice-President, General Counsel and Corporate Secretary |
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| Date: June 1, 2022 |
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