TBB.F - Tembec Inc.

Frankfurt - Frankfurt Delayed Price. Currency in EUR
3.26
+0.00 (+0.03%)
As of 8:11AM CET. Market open.
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Previous Close3.26
Open3.26
Bid3.26 x 274000
Ask3.38 x 259000
Day's Range3.26 - 3.26
52 Week Range0.99 - 3.34
Volume65
Avg. Volume1
Market Cap329.79M
BetaN/A
PE Ratio (TTM)9.39
EPS (TTM)0.35
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Why Rayonier Advanced Materials Inc.'s Shares Popped 16% Today
    Motley Fool4 months ago

    Why Rayonier Advanced Materials Inc.'s Shares Popped 16% Today

    The chemical company's proposed acquisition of Tembec just became a lot more likely to happen.

  • Reuters4 months ago

    Rayonier Advanced raises offer for Canada's Tembec to C$475 mln

    Rayonier Advanced Materials said it raised its offer price for Canadian paper and cellulose pulp maker Tembec Inc to C$4.75 per share, valuing the deal at C$475 million ($378.6 million), excluding debt. Oaktree Capital Management LP, Tembec's top shareholder which earlier opposed the deal, and another shareholder Bennett Management agreed to vote for the revised offer, Rayonier said. Oaktree last week asked other shareholders to reject Rayonier's deal, terming it as a "flawed" sale process, and that there was a significant value gap between the offer price and the "real value" of Tembec.

  • Tembec Jumps After Rayonier Advanced Wins Support for Higher Bid
    Bloomberg4 months ago

    Tembec Jumps After Rayonier Advanced Wins Support for Higher Bid

    Shares in Tembec Inc. rose the most since May after Rayonier Advanced Materials Inc. won support from two key shareholders for its increased bid for the Canadian lumber and paper producer.

  • Oaktree Wins Glass Lewis Nod in Push to Block Tembec Deal
    Bloomberg4 months ago

    Oaktree Wins Glass Lewis Nod in Push to Block Tembec Deal

    Oaktree Capital Group LLC has won support from a prominent shareholder advisory firm in its attempt to block a proposed takeover of Canadian lumber and paper producer Tembec Inc. by Rayonier Advanced Materials Inc. Glass Lewis & Co. urged investors in Montreal-based Tembec to vote against the deal in a report Wednesday, saying the purchase price is too low. The report noted that there’s been a significant increase in Rayonier Advanced’s shares since the deal was announced, suggesting it’s underpaying and could afford to share more of the potential value with shareholders.

  • Reuters4 months ago

    Tembec top shareholder seeks to vote against Rayonier deal

    Tembec Inc's largest shareholder, Oaktree Capital Management LP, asked other shareholders to reject Rayonier Advanced Materials Inc's deal to buy the Canadian paper and cellulose pulp maker, saying it was a "flawed" sale process. Oaktree, which owns a 19.9 percent stake in Tembec, said on Monday there is a significant value gap between Rayonier's offer price and the "real value" of Tembec. Rayonier, which makes high-value cellulose specialties fibers, said in May it would buy Tembec for $807 million to expand into packaging and forest products.

  • Reuters4 months ago

    Tembec's biggest shareholder recommends voting against Rayonier's acquisition

    Tembec Inc's largest shareholder Oaktree Capital Management LP asked shareholders to vote against Rayonier Advanced Materials Inc's acquisition of the Canadian forest products company. Oaktree, which owns ...

  • Reuters4 months ago

    Oaktree opposes Rayonier's $807 mln purchase of Tembec

    Oaktree Capital Management LP, the largest shareholder of Tembec Inc, said on Friday it would vote against Rayonier Advanced Materials Inc's $807 million acquisition of the Canadian forest products company. Jacksonville, Florida-based Rayonier, which supplies cellulose found in cellphones, computer screens and pharmaceutical drugs, said in May it would buy Tembec to expand into packaging and forest products. In a separate statement on Friday, Tembec said proxy advisory firm Institutional Shareholder Services had recommended that the Canadian firm's shareholders vote in favor of the deal under Rayonier's proposed terms.

  • Reuters6 months ago

    Rayonier Advanced Materials to buy Tembec in forest products push

    Rayonier Advanced Materials said it would buy Canada's Tembec Inc for $807 million including debt to expand its business into packaging and forest products, sending Tembec's shares to a five-year high ...

  • Reuters6 months ago

    Rayonier Advanced Materials to buy Tembec for $807 mln including debt

    Rayonier Advanced Materials said on Thursday it would buy Canada's Tembec Inc for $807 million including debt. Tembec shareholders will get C$4.05 in cash, or 0.2302 of a Rayonier share, for every Tembec ...