Domtar shares surge after producer acknowledges talks with Paper Excellence Domtar president and CEO John Williams gets ready for the paper company's annual meeting in Montreal, Wednesday, April 30, 2014. THE CANADIAN PRESS/Paul Chiasson May 04, 2021 - 9:13 AM FORT MILL, S.C. - Domtar Inc. shares surged to a near two-year high after the pulp and paper producer acknowledged it's in talks with B.C.'s Paper Excellence about a possible merger or sale of the company. Shares of the South Carolina and Montreal-based company climbed $8.27 or 16.6 per cent at $57.97 in midday on the Toronto Stock Exchange. Domtar says the discussions may or may not result in an agreement.