Northwire Canada EditionSaturday, October 17, 2026
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GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
M&A / Property

Transcontinental packaging business sale to close March

TCL · Price

Executive Summary

  • ProAmpac Holdings Inc. has received regulatory clearance under the Competition Act (Canada) and the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (USA) for its proposed acquisition of the packaging business of TC Transcontinental.
  • The transaction is expected to close on March 6, 2026, subject to the satisfaction of customary closing conditions.

Key Details

  • Transaction Structure: Acquisition of all issued and outstanding shares of the entities carrying on the business of TC Transcontinental’s packaging sector.
  • Regulatory Status: Waiting periods under both Canadian and US antitrust laws have expired or been terminated.
  • Closing Date: March 6, 2026.
  • Target Company: TC Transcontinental is a North American leader in flexible packaging, Canada's largest printer, and the Canadian leader in French-language educational publishing.
  • Target Financials: TC Transcontinental generated revenues of $2.7 billion during the fiscal year ended October 26, 2025.
  • Target Operations: The company has approximately 7,600 employees, primarily based in Canada, the United States, and Latin America.

Notable Quotes

  • None provided in the text.
Read the original news release →

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