Fortress Paper selling Lebel-sur-Quevillon pulp mill and sawmill assets for $15.36 million
Thursday, June 23, 2016 8:00 am
QUEBEC -- Fortress Paper Ltd. says it has entered into an asset purchase agreement with LSQ Energy, L.P. and LSQ Development, L.P., providing for the sale of the buildings, equipment and other ancillary property relating to the non-operating pulp mill and sawmill, as well as the energy generation, connection and transmission plant and related equipment, located in Lebel-sur-Quévillon, Québec (the "LSQ mill") for an aggregate purchase price of $15.36 million.
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