Year in Review — Big Deals Make Comeback

And, speaking of Transcontinental, Luc Desjardins left the top executive role in the hands of François Olivier, the son-in-law of Transcontinental founder Remi Marcoux. Under Desjardins’ guidance, Canada’s second largest printer grew from a market capitalization of C$653 million to C$1.8 billion.

NewPage agreed to plunk down $1.5 billion for Stora Enso’s paper manufacturing operations in North America. The deal also included a $200 million note and a 19.9 percent equity interest in the new company.