Dec 24 (Reuters) - Resolute Forest Products Inc RFP.N :
* RESOLUTE TO ACQUIRE CONIFEX'S THREE U.S. SAWMILLS
* RESOLUTE FOREST PRODUCTS INC - DEAL FOR $163 MILLION PLUS WORKING CAPITAL DELIVERED AT CLOSING, WHICH IS CURRENTLY ESTIMATED AT $7 MILLION
* RESOLUTE FOREST PRODUCTS INC - RESOLUTE INTENDS TO FINANCE ACQUISITION WITH ITS EXISTING CREDIT FACILITIES
* RESOLUTE - CONIFEX TIMBER'S THREE SAWMILLS BEING ACQUIRED HAVE COMBINED PRODUCTION CAPACITY OF 550 MILLION BOARD FEET
* RESOLUTE FOREST - EXPECTS MOST EMPLOYEES CURRENTLY ASSOCIATED WITH THREE U.S. SAWMILLS, INCLUDING MANAGEMENT, WILL REMAIN WITH ORGANIZATION