AbitibiBowater to change name to Resolute Forest

Tue Oct 11, 2011 9:11am EDT
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(Reuters) - Forest products company AbitibiBowater ABH.TO ABH.N said it is changing its name to Resolute Forest Products from November 7.

The company, which emerged from bankruptcy protection in December, said it will seek formal shareholder approval at its 2012 annual general meeting, and till the November launch it will continue to be known as AbitibiBowater.

When communicating in French, the company will use the name Produits Forestiers Resolu.

Shares of the company closed at C$15.97 on Monday on the Toronto Stock Exchange.

(Reporting by Maneesha Tiwari in Bangalore; Editing by Roshni Menon)