Domtar this week acknowledged it is in discussions to sell or merge with another paper company.
Reports this week suggested Paper Excellence, a Canadian paper and packaging company, was exploring its options to purchase Domtar and take the American-based company private.
Domtar is based out of Fort Mill, South Carolina, and has mills in Nekoosa and Rothschild, as well as about a dozen other mills in the United States and Canada. Domtar also owns 10 converting and manufacturing facilities across the United States.
In a statement the company said was in response to rumors about a sale, Domtar acknowledged it has been in discussions with Paper Excellence. However, it said, there have not been any agreements reached between the companies.
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