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CFPUF - Canfor Corporation: A Merger Arbitrage Deal That Needs A Bit More Spread
Canfor Pulp Products Inc
Canfor Corporation (CFPZF)[TSX:CFP] is a lumber producer based in British Columbia, Canada. In recent years, the company has diversified its sources of supply, with acquisitions and capital projects in the Southern USA and most recently in Europe. They have also diversified their customer mix, adding export sales to Asia (primarily China) from the west coast. The company also owns an interest in Canfor Pulp (CFPUF)[TSX:CFX]. Based in Canada and reporting in Canadian dollars, all figures in this report are in that currency unless otherwise mentioned. There is more liquidity for the