secwatch.observer — SEC 8-K summary
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Issuer:     LOUISIANA-PACIFIC CORP (LPX)
CIK:        0000060519
Form:       8-K
Filed at:   2022-06-22T23:59:59+00:00
Accession:  0001628280-22-017792
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LP sells Engineered Wood Products business to Pacific Woodtech for $210M
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- Sale includes LVL and I-joist plants in Wilmington, NC; Red Bluff, CA; and Golden, BC; plus SolidStart brand.
- Transaction expected to close Q3 2022, subject to HSR and Canada Competition Act approvals.
- LP Chair and CEO Brad Southern says deal marks another step in strategic transformation.
- Proceeds: $210M cash, plus assumption of certain liabilities and purchase price adjustments.
- LP's financial adviser is UBS Investment Bank; legal advisers are Troutman Pepper and Fasken Martineau.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/60519/000162828022017792/0001628280-22-017792-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/60519/000162828022017792/lpx-20220621.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-017792

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