GreenFirst Forest Products (TSE:GFP) has released an update.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
GreenFirst Forest Products Inc. has received approval from the Ontario Superior Court of Justice for a plan of arrangement, paving the way for the distribution of Kap Corporation shares to its shareholders. This strategic corporate movement, known as the ‘Spin-out’, is set for completion in the first week of November, with further updates to be provided by the company.
For further insights into TSE:GFP stock, check out TipRanks’ Stock Analysis page.