The deal covers Programmed Timber's business and the land and buildings it works from in St Marys.
M&A
The deal brings the group to seven brands and four plants in Ontario, British Columbia, Idaho and Michigan.
AKD keeps its sawmills and will sign long-term agreements to buy logs for them from New Forests once the deal closes.
MM Packaging will become a standalone company, with MM Group keeping a 30% stake.
The new business would be built on AAM's Bathurst and Mount Gambier mills and buy plantation softwood operations only.
The hardwood processor plans about 30 jobs in the first phase and 100 within three years at the Vrbovsko site.
The forecast includes about ¥21 billion of losses at U.S. unit Nippon Dynawave Packaging and ¥20 billion from the Kumamoto earthquake.
The Japanese paperboard maker kept its forecast for a 24% rise in full-year operating profit.
The industrial packaging maker sees no clear sign of a demand recovery and set fiscal 2027 adjusted EBITDA guidance at $645 million at the low end.
The paper group now expects ¥45 billion for the year to March 2027 instead of ¥60 billion.
Shareholders would receive one Bergslagets Skogar share for each Stora Enso share they hold, with the separation planned to take effect on March 31, 2027, and the five largest holders, with 69.9% of the votes, already committed to back it.
Sylvamo would keep a right to 20% of the business's future distributions, while third-quarter adjusted EBITDA fell 19% to $128 million.
The company expects lumber prices to improve in the fourth quarter.
The Rocklin and Sanger distribution centers would extend the company's reach across Northern and Central California and into Northern Nevada, with closing expected by mid-November.
A deferred-tax charge tied to the sale of the corrugated packaging business turned the quarter to a $7 million net loss, while two asset sales worth $785.5 million await closing.
The companies proposed to optimize capacity for certain paper grades and give customers safeguards without selling any mills, and expect the Commission's decision by year-end or shortly after.
The timberland owner expects fourth-quarter lumber realizations to ease from the highest level since 2022 and will buy back up to $300 million more of its shares.
Adjusted EBITDA fell to $98.1 million on weaker lumber results, and the company expects challenging conditions through the balance of 2026.
The Tla'amin-owned Qwoqwnes takes over Tree Farm Licence 39 near Powell River, British Columbia, with an allowable annual cut of 469,200 cubic meters, and will sell timber back to Western under a long-term fiber supply agreement.
Finland's competition authority cleared the deal without conditions. Kuhmo saws about 500,000 m3 of lumber a year and employs 180 people.