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Resolute acquires LP’s 50% equity interest in Resolute-LP Engineered Wood Partnership

Resolute Forest Products announced that it has completed the previously announced acquisition of the 50 per cent equity interest of Louisiana-Pacific Corporation in Resolute-LP Engineered Wood Larouche Inc. and Resolute-LP Engineered Wood St-Prime Limited Partnership located in Quebec.

In connection with the closing, Resolute entered into agreements with Louisiana-Pacific for it to serve as the exclusive distributor of the engineered wood products produced at the two operations.