acquisition

Domtar’s Acquisition of Xerox Paper Business Lays Ground for Continued Sustainability Progress

When Domtar recently announced its acquisition of the Xerox North American paper business, I wondered what the positive sustainability impact would be.

Canadian ESG Leader Nexen Acquired by Chinese Enterprise

The much-discussed deal for the acquisition of Canadian ESG leader Nexen by Chinese state-owned CNOOC was completed yesterday, with a total value of $15.1B. According to company statements1,2, energy company Nexen will operate as a subsidiary of CNOOC with continuing leadership by CEO Kevin Reinhart, who has been an employee of Nexen for over 18 years.

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