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Canfor completes sale of stake in Peace Valley OSB venture to Louisiana-Pacific
VANCOUVER – Canfor Corp. (TSX:CFP) says it has completed the sale of its 50 per cent stake in the Peace Valley Oriented Strand Board joint venture in Fort St. John, B.C., to Louisiana-Pacific Corp. The forestry company has received $77 million including working capital and will be eligible for additional proceeds over three years.
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