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Materials M&A image Materials M&A » By The Online Investor Staff, updated Thu., Mar. 28, 6:18 PM Recent mergers and acquisitions in the Materials M&A category.

Slide #43. Louisiana-Pacific Corporation Ainsworth Lumber Co. Ltd.

Acquirer: Louisiana-Pacific Corporation (LPX)
Acquiree: Ainsworth Lumber Co. Ltd. (ANS.CA)
Details: Louisiana-Pacific Corporation ("LP" or the "Company") (NYSE:LPX) and Ainsworth Lumber Co. Ltd. (TSX:ANS.CA) ("Ainsworth") today announced that they have signed a definitive agreement under which LP will acquire all of the outstanding common shares of Ainsworth for a total consideration which equates to C$3.76 per Ainsworth common share, based on the closing price of LP common shares on September 3, 2013.

Louisiana-Pacific is a provider of building solutions that serve the builders, remodelers, and homeowners. Co. has four business segments: Siding, which serves various end markets with a range of product offering, including LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding; Oriented Strand Board (OSB), which manufactures and distributes OSB structural panel products; Engineered Wood Products, which is comprised of LP® SolidStart® I-Joist, Laminated Veneer Lumber and other related products; and South America, which manufactures and distributes OSB structural panel and siding products in South America and certain export markets.

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Louisiana-Pacific is a provider of building solutions that serve the builders, remodelers, and homeowners. Co. has four business segments: Siding, which serves various end markets with a range of product offering, including LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding; Oriented Strand Board (OSB), which manufactures and distributes OSB structural panel products; Engineered Wood Products, which is comprised of LP® SolidStart® I-Joist, Laminated Veneer Lumber and other related products; and South America, which manufactures and distributes OSB structural panel and siding products in South America and certain export markets.

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Company Name: 
Louisiana-Pacific Corp
Website: 
www.lpcorp.com
Sector: 
Paper & Forest Products
Number of ETFs Holding LPX: 
66
Total Market Value Held by ETFs: 
$899.69M
Total Market Capitalization: 
$5.95B
% of Market Cap. Held by ETFs: 
15.12%
Company Name: 
Ainsworth Lumber Co., Ltd.
Website: 
www.ainsworthengineered.com
Sector: 
Construction Materials & Machinery
 

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